£259,233
This estimated value is based upon the latest sale price for the house of £149,000 on 20 May 2011. 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 |
|---|---|
| £149,000 | 20 May 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,038 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 May 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.982%.Applying this 73.982% change to the original purchase price of £149,000 results in an estimated price of approximately £259,233.
| 20 May 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 73.982 % | £149,000 | £110,233 | £259,233 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 31.349 % | £46,709 | £195,709 |
| 3 Month Average | 67.461 % | £100,517 | £249,517 |
| 6 Month Average | 50.462 % | £75,188 | £224,188 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £177,731 | £175,000 | FLAT 21 THE GALLERY, 282 PENN ROAD |
| 15 Mar 2024 | £203,121 | £200,000 | FLAT 11 THE GALLERY, 282 PENN ROAD |
| 15 Nov 2023 | £210,339 | £205,000 | 290 PENN ROAD |
| 26 Oct 2023 | £204,648 | £200,000 | 262 PENN ROAD |
| 12 Oct 2023 | £159,625 | £156,000 | FLAT 23 THE GALLERY, 282 PENN ROAD |
This house has a floor area of 96 sq meters or 1,038 sq feet when measured on 5 Nov 2010. Using an estimated price of £259,233 means this house is valued at £2,685 per sq meter (£249 per sq foot).
The average size of a house on WOODFIELD AVENUE is 119 sq meters (1,289 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Woodfield Avenue |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodfield Avenue |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodfield Avenue |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodfield Avenue |
| Jul 2024 | Anti-social behaviour | On or near Penn Road |