£48,103
This estimated value is based upon the latest sale price for the house of £8,500 on 15 Dec 1995. 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 Townson Road
More crime details
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Price Paid | Date |
---|---|
£8,500 | 15 Dec 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 65 sq meters or 699 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 1995 the House Price Index for WEST MIDLANDS was 26.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 465.929%.Applying this 465.929% change to the original purchase price of £8,500 results in an estimated price of approximately £48,103.
15 Dec 1995 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.2 | 148.0 | 465.929 % | £8,500 | £39,603 | £48,103 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 242.487 % | £20,611 | £29,111 |
3 Month Average | 255.934 % | £21,754 | £30,254 |
6 Month Average | 295.900 % | £25,151 | £33,651 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Jan 2023 | £327,127 | £330,000 | 5 MEON WAY |
30 Nov 2022 | £93,484 | £95,000 | 509 GRIFFITHS DRIVE |
14 Jul 2022 | £189,744 | £190,000 | 14 TOWNSON ROAD |
6 May 2022 | £109,630 | £108,000 | 39 PARRY ROAD |
14 Mar 2022 | £76,374 | £74,000 | 36 TOWNSON ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 30 Oct 2015. Using an estimated price of £48,104 means this house is valued at £740 per sq meter (£68 per sq foot).
The average size of a house on PEACOCK AVENUE is 77 sq meters (829 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Townson Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Townson Road |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Townson Road |
Feb 2024 | Burglary | Unable to prosecute suspect | On or near Townson Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |