£118,561
This estimated value is based upon the latest sale price for the house of £68,000 on 30 Mar 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £68,000 | 30 Mar 2006 |
| £35,000 | 13 Jan 2005 |
| £53,000 | 24 Feb 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 March 2006 the House Price Index for WEST MIDLANDS was 84.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 74.355%.Applying this 74.355% change to the original purchase price of £68,000 results in an estimated price of approximately £118,561.
| 30 Mar 2006 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.1 | 146.7 | 74.355 % | £68,000 | £50,561 | £118,561 |
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 | 101.311 % | £68,891 | £136,891 |
| 3 Month Average | 38.564 % | £26,223 | £94,223 |
| 6 Month Average | 74.500 % | £50,659 | £118,659 |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 11 Dec 2013.
The average size of a house on MERRICK ROAD is 74 sq meters (806 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pool Road |
| Feb 2024 | Anti-social behaviour | On or near Pool Road | |
| Feb 2024 | Anti-social behaviour | On or near Pool Road | |
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Pool Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pool Road |