£202,160
This estimated value is based upon the latest sale price for the house of £144,995 on 23 Dec 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £144,995 | 23 Dec 2015 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 December 2015 the House Price Index for WEST MIDLANDS was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £144,995 results in an estimated price of approximately £202,160.
| 23 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £144,995 | £57,165 | £202,160 |
The Postcode Pricing Model uses changes in average sales price within the WV2 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 | 235.579 % | £341,577 | £486,572 |
| 3 Month Average | 64.043 % | £92,859 | £237,854 |
| 6 Month Average | 50.565 % | £73,316 | £218,311 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £199,053 | £194,000 | 2 WILLCOCK ROAD |
| 18 Aug 2023 | £234,224 | £230,000 | 49 WILLCOCK ROAD |
| 14 Jun 2023 | £183,477 | £179,800 | 1 WILLCOCK ROAD |
| 27 Jan 2023 | £240,643 | £240,000 | 55 WILLCOCK ROAD |
| 3 Feb 2022 | £143,678 | £136,000 | 82 POND LANE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 5 Nov 2014. Using an estimated price of £202,161 means this house is valued at £2,323 per sq meter (£215 per sq foot).
The average size of a house on WILLCOCK ROAD is 86 sq meters (932 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Rowan Tree Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowan Tree Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Rowan Tree Drive |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rowan Tree Drive |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowan Tree Drive |