£215,434
This estimated value is based upon the latest sale price for the house of £141,000 on 25 Jul 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £141,000 | 25 Jul 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 July 2014 the House Price Index for WEST MIDLANDS was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £141,000 results in an estimated price of approximately £215,434.
| 25 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £141,000 | £74,434 | £215,434 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 67.477 % | £95,142 | £236,142 |
| 3 Month Average | 32.207 % | £45,411 | £186,411 |
| 6 Month Average | 37.875 % | £53,403 | £194,403 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £263,907 | £260,000 | 12 SANDFORD RISE |
| 29 Sep 2023 | £212,720 | £210,000 | 26 BURLAND AVENUE |
| 10 Aug 2023 | £151,324 | £150,000 | 122 LYNTON AVENUE |
| 4 Aug 2023 | £219,924 | £218,000 | 13 SANDFORD RISE |
| 24 Feb 2023 | £243,836 | £244,000 | 28 SANDFORD RISE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 22 Jan 2014. Using an estimated price of £215,435 means this house is valued at £2,198 per sq meter (£204 per sq foot).
The average size of a house on SANDFORD RISE is 92 sq meters (991 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burland Avenue |
| Jan 2024 | Robbery | Under investigation | On or near Lynton Avenue |
| Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near Lynton Avenue |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Lynton Avenue |
| Mar 2024 | Public order | Under investigation | On or near Glassford Drive |