£95,504
This estimated value is based upon the latest sale price for the house of £65,000 on 8 Apr 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Essington Way
More crime details
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| Price Paid | Date |
|---|---|
| £65,000 | 8 Apr 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 April 2015 the House Price Index for WEST MIDLANDS was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £65,000 results in an estimated price of approximately £95,504.
| 8 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 148.6 | 46.930 % | £65,000 | £30,504 | £95,504 |
The Postcode Pricing Model uses changes in average sales price within the WV1 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 | -11.086 % | £-7,206 | £57,793 |
| 3 Month Average | 65.808 % | £42,774 | £107,774 |
| 6 Month Average | 72.518 % | £47,136 | £112,136 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £131,954 | £130,000 | 241 WILLENHALL ROAD |
| 22 Sep 2023 | £68,374 | £67,500 | 81A ESSINGTON WAY |
| 10 Aug 2023 | £142,244 | £141,000 | 17 JULIAN ROAD |
| 25 Jul 2023 | £131,774 | £130,000 | 207 WILLENHALL ROAD |
| 24 Mar 2023 | £166,569 | £165,000 | 25 JULIAN ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 3 Dec 2014. Using an estimated price of £95,505 means this house is valued at £1,801 per sq meter (£167 per sq foot).
The average size of a house on JULIAN ROAD is 72 sq meters (776 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Essington Way |
| Mar 2024 | Burglary | Under investigation | On or near Essington Way |
| Mar 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Essington Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Essington Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Essington Way |