£193,556
This estimated value is based upon the latest sale price for the house of £125,000 on 27 Jun 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£125,000 | 27 Jun 2014 |
£116,000 | 21 Nov 2003 |
£62,500 | 2 Nov 1999 |
£55,950 | 30 Apr 1997 |
Semi-Detached |
Freehold |
Floor Area: 85 sq meters or 914 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 June 2014 the House Price Index for WEST MIDLANDS was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £125,000 results in an estimated price of approximately £193,556.
27 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.7 | 149.7 | 54.845 % | £125,000 | £68,556 | £193,556 |
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 | 38.782 % | £48,477 | £173,477 |
3 Month Average | 48.153 % | £60,191 | £185,191 |
6 Month Average | 49.895 % | £62,369 | £187,369 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 May 2024 | £144,000 | £144,000 | 21 VIADUCT DRIVE |
30 Jun 2023 | £250,010 | £245,000 | 36 VIADUCT DRIVE |
21 Jun 2022 | £235,024 | £230,000 | 1 VIADUCT DRIVE |
5 Apr 2022 | £99,108 | £95,533 | 55 VIADUCT DRIVE |
10 Dec 2021 | £181,324 | £168,000 | 126 GORSEBROOK ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 24 Nov 2018. Using an estimated price of £193,557 means this house is valued at £2,277 per sq meter (£211 per sq foot).
The average size of a house on VIADUCT DRIVE is 81 sq meters (881 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Viaduct Drive |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shetland Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shetland Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gorsebrook Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gorsebrook Road |