£103,038
This estimated value is based upon the latest sale price for the house of £83,000 on 17 Oct 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£83,000 | 17 Oct 2018 |
£94,000 | 7 Jul 2006 |
Terraced |
Freehold |
Floor Area: 99 sq meters or 1,065 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 October 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £83,000 results in an estimated price of approximately £103,038.
17 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.143 % | £83,000 | £20,038 | £103,038 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | 43.012 % | £35,700 | £118,700 |
3 Month Average | 35.603 % | £29,550 | £112,550 |
6 Month Average | 32.450 % | £26,933 | £109,933 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Jun 2023 | £234,703 | £230,000 | 297 WOLVERHAMPTON ROAD |
7 Mar 2023 | £127,123 | £125,000 | 22 LANE AVENUE |
26 Jul 2022 | £151,518 | £150,000 | 17 LANESIDE GARDENS |
25 Mar 2022 | £176,425 | £169,000 | 32 PRIMLEY AVENUE |
21 Oct 2021 | £147,136 | £132,000 | 13 LANESIDE GARDENS |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 19 Jul 2018. Using an estimated price of £103,039 means this house is valued at £1,040 per sq meter (£96 per sq foot).
The average size of a house on WOLVERHAMPTON ROAD is 94 sq meters (1,015 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Primley Close |
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Primley Close |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Primley Close |
Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Primley Close |
Sep 2024 | Possession of weapons | Awaiting court outcome | On or near Primley Close |