£143,132
This estimated value is based upon the latest sale price for the house of £115,000 on 5 Jun 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £115,000 | 5 Jun 2019 |
| £90,000 | 1 Jun 2009 |
| Terraced |
| Freehold |
| Floor Area: 110 sq meters or 1,192 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 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £115,000 results in an estimated price of approximately £143,132.
| 5 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £115,000 | £28,132 | £143,132 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 14.155 % | £16,277 | £131,277 |
| 3 Month Average | 27.983 % | £32,180 | £147,180 |
| 6 Month Average | 30.762 % | £35,376 | £150,376 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £221,927 | £220,000 | 527 CANNOCK ROAD |
| 11 Mar 2024 | £194,996 | £192,000 | 410 CANNOCK ROAD |
| 3 Nov 2023 | £271,902 | £265,000 | 543 CANNOCK ROAD |
| 17 Mar 2023 | £132,208 | £130,000 | 11 VICTORIA ROAD |
| 24 Feb 2023 | £191,278 | £190,000 | 17 VICTORIA ROAD |
This house has a floor area of 110 sq meters or 1,192 sq feet when measured on 6 Oct 2008. Using an estimated price of £143,133 means this house is valued at £1,292 per sq meter (£120 per sq foot).
The average size of a house on CANNOCK ROAD is 90 sq meters (979 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Lambert Road | |
| Aug 2024 | Anti-social behaviour | On or near Lambert Road | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Eastcote Road |
| Oct 2024 | Burglary | Under investigation | On or near The Avenue |