£93,607
This estimated value is based upon the latest sale price for the house of £74,000 on 3 Aug 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Addison Place
More crime details
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| Price Paid | Date |
|---|---|
| £74,000 | 3 Aug 2017 |
| £75,000 | 9 Jun 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in August 2017 the House Price Index for WEST MIDLANDS was 117.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 26.496%.Applying this 26.496% change to the original purchase price of £74,000 results in an estimated price of approximately £93,607.
| 3 Aug 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.0 | 26.496 % | £74,000 | £19,607 | £93,607 |
The Postcode Pricing Model uses changes in average sales price within the WV14 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 72.625 % | £53,742 | £127,742 |
| 3 Month Average | 43.423 % | £32,132 | £106,132 |
| 6 Month Average | 49.196 % | £36,405 | £110,405 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Feb 2023 | £228,917 | £230,000 | 79 WILLENHALL ROAD |
| 7 Feb 2023 | £199,059 | £200,000 | 8 DARLASTON LANE |
| 9 Sep 2022 | £182,777 | £185,000 | 68 BICKLEY ROAD |
| 21 Jan 2022 | £125,779 | £120,000 | 178 LUNT ROAD |
| 7 Jan 2022 | £267,280 | £255,000 | 92 BICKLEY ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 22 Feb 2017. Using an estimated price of £93,607 means this house is valued at £1,337 per sq meter (£124 per sq foot).
There is one other house on the street which we know the size of, this is 26 ADDISON PLACE it is 70.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Addison Place |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Addison Place |
| Apr 2024 | Burglary | Under investigation | On or near Addison Place |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Addison Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Addison Place |