£176,718
This estimated value is based upon the latest sale price for the house of £142,000 on 18 Jan 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£142,000 | 18 Jan 2019 |
£127,995 | 17 Jun 2016 |
Semi-Detached |
Freehold |
Floor Area: 64 sq meters or 688 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 January 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £142,000 results in an estimated price of approximately £176,718.
18 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.450 % | £142,000 | £34,718 | £176,718 |
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 | 63.968 % | £90,834 | £232,834 |
3 Month Average | 34.685 % | £49,252 | £191,252 |
6 Month Average | 40.599 % | £57,650 | £199,650 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Apr 2024 | £237,059 | £235,000 | 6 WALNUT CLOSE |
17 Dec 2023 | £179,516 | £174,000 | 3 WALNUT CLOSE |
10 Nov 2023 | £174,428 | £170,000 | 9 ELDER ROAD |
3 Nov 2023 | £249,329 | £243,000 | 5 WALNUT CLOSE |
30 May 2022 | £234,099 | £228,000 | 15 SORBUS STREET |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 4 Oct 2018. Using an estimated price of £176,719 means this house is valued at £2,761 per sq meter (£256 per sq foot).
The average size of a house on HEMLOCK WAY is 85 sq meters (919 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hemlock Way |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Hemlock Way |
Apr 2024 | Other theft | Unable to prosecute suspect | On or near Hemlock Way |
May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Sorrel Drive |
Apr 2024 | Violence and sexual offences | Offender given a caution | On or near Sorrel Drive |