£208,590
This estimated value is based upon the latest sale price for the house of £210,000 on 25 Aug 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £210,000 | 25 Aug 2022 |
| £130,000 | 5 Oct 2012 |
| £81,950 | 12 Aug 2002 |
| £45,500 | 29 Jan 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 920 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 August 2022 the House Price Index for WEST MIDLANDS was 149.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.671%.Applying this -0.671% change to the original purchase price of £210,000 results in an estimated price of approximately £208,590.
| 25 Aug 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.0 | -0.671 % | £210,000 | £-1,409 | £208,590 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | -22.316 % | £-46,864 | £163,135 |
| 3 Month Average | -21.315 % | £-44,760 | £165,239 |
| 6 Month Average | -13.178 % | £-27,673 | £182,326 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £187,406 | £185,000 | 77 WESTBOURNE ROAD |
| 25 Aug 2023 | £246,499 | £245,000 | 8 ELM DALE ROAD |
| 2 Jun 2023 | £267,166 | £265,000 | 19 BELMONT ROAD |
| 25 Aug 2022 | £208,591 | £210,000 | 40 WESTBOURNE ROAD |
| 10 Jun 2022 | £232,860 | £230,500 | 85 BELMONT ROAD |
This house has a floor area of 85 sq meters or 920 sq feet when measured on 6 Sep 2011. Using an estimated price of £208,591 means this house is valued at £2,439 per sq meter (£226 per sq foot).
The average size of a house on WESTBOURNE ROAD is 87 sq meters (945 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westbourne Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elm Dale Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elm Dale Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elm Dale Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Belmont Road |