£248,877
This estimated value is based upon the latest sale price for the house of £185,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £185,000 | 31 Mar 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 March 2016 the House Price Index for WEST MIDLANDS was 110.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 34.528%.Applying this 34.528% change to the original purchase price of £185,000 results in an estimated price of approximately £248,877.
| 31 Mar 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.0 | 34.528 % | £185,000 | £63,877 | £248,877 |
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 | 33.408 % | £61,805 | £246,805 |
| 3 Month Average | 28.933 % | £53,526 | £238,526 |
| 6 Month Average | 30.354 % | £56,155 | £241,155 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £166,143 | £163,000 | 23 JEREMY ROAD |
| 16 Jun 2023 | £292,371 | £290,000 | 11 ROSEMARY CRESCENT |
| 25 May 2022 | £289,300 | £285,000 | 91 HIMLEY CRESCENT |
| 14 Mar 2022 | £319,944 | £310,000 | 66 HIMLEY CRESCENT |
| 17 Dec 2021 | £384,138 | £360,000 | 49 HIMLEY CRESCENT |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 25 Jan 2016. Using an estimated price of £248,877 means this house is valued at £2,370 per sq meter (£220 per sq foot).
The average size of a house on JEREMY ROAD is 271 sq meters (2,924 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Jeremy Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jeremy Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Jeremy Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Himley Crescent |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Himley Crescent |