£207,741
This estimated value is based upon the latest sale price for the house of £170,000 on 23 Sep 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £170,000 | 23 Sep 2019 |
| £112,500 | 7 Sep 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 September 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.201%.Applying this 22.201% change to the original purchase price of £170,000 results in an estimated price of approximately £207,741.
| 23 Sep 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.201 % | £170,000 | £37,741 | £207,741 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | -41.624 % | £-70,760 | £99,239 |
| 3 Month Average | 6.263 % | £10,646 | £180,646 |
| 6 Month Average | 25.797 % | £43,855 | £213,855 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jul 2023 | £236,235 | £234,000 | 26 JAYNE CLOSE |
| 30 Jun 2023 | £201,635 | £200,000 | 6 JAYNE CLOSE |
| 6 Jun 2023 | £214,237 | £212,500 | 2 ELFORD ROAD |
| 21 Mar 2023 | £206,114 | £205,000 | 36 SANDFIELD ROAD |
| 31 Jan 2023 | £193,302 | £195,000 | 32 ELFORD ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 26 Apr 2012. Using an estimated price of £207,742 means this house is valued at £2,733 per sq meter (£253 per sq foot).
The average size of a house on WALSALL ROAD is 81 sq meters (876 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elford Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Elford Road |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Sandfield Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Walsall Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |