£136,784
This estimated value is based upon the latest sale price for the house of £111,000 on 9 Apr 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £111,000 | 9 Apr 2018 |
| £90,000 | 9 Feb 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 2018 the House Price Index for WEST MIDLANDS was 119.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.229%.Applying this 23.229% change to the original purchase price of £111,000 results in an estimated price of approximately £136,784.
| 9 Apr 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 146.7 | 23.229 % | £111,000 | £25,784 | £136,784 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | -3.690 % | £-4,096 | £106,903 |
| 3 Month Average | 24.698 % | £27,414 | £138,414 |
| 6 Month Average | 29.738 % | £33,008 | £144,008 |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 16 Dec 2017.
The average size of a house on MELDON DRIVE is 91 sq meters (984 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Meldon Drive |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Meldon Drive |
| Jan 2024 | Anti-social behaviour | On or near Meldon Drive | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Meldon Drive |
| Jan 2024 | Anti-social behaviour | On or near Meldon Drive |