£578,046
This estimated value is based upon the latest sale price for the house of £499,950 on 11 Dec 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Bowood Drive
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| Price Paid | Date |
|---|---|
| £499,950 | 11 Dec 2020 |
| £357,500 | 30 Jun 2016 |
| £325,000 | 26 Nov 2010 |
| £294,000 | 30 Jun 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 148 sq meters or 1,593 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 2020 the House Price Index for WEST MIDLANDS was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £499,950 results in an estimated price of approximately £578,046.
| 11 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £499,950 | £78,096 | £578,046 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | -10.823 % | £-54,108 | £445,841 |
| 3 Month Average | 1.306 % | £6,529 | £506,479 |
| 6 Month Average | 5.514 % | £27,569 | £527,519 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £525,000 | £525,000 | 19 CLIFTON ROAD |
| 25 Mar 2024 | £507,802 | £500,000 | 34 STOCKWELL ROAD |
| 9 Oct 2023 | £654,874 | £640,000 | 3 CHURCH HILL ROAD |
| 30 Aug 2023 | £865,612 | £850,000 | 15 STOCKWELL ROAD |
| 15 Feb 2023 | £719,808 | £715,000 | 44 CLIFTON ROAD |
This house has a floor area of 148 sq meters or 1,593 sq feet when measured on 13 Mar 2015. Using an estimated price of £578,047 means this house is valued at £3,905 per sq meter (£362 per sq foot).
The average size of a house on CHURCH HILL ROAD is 144 sq meters (1,558 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Bowood Drive |
| Jul 2024 | Other theft | Under investigation | On or near Church Hill Drive |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Church Hill Drive |
| May 2024 | Anti-social behaviour | On or near Love Lane | |
| May 2024 | Anti-social behaviour | On or near Love Lane |