£306,603
This estimated value is based upon the latest sale price for the house of £170,000 on 20 Jan 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £170,000 | 20 Jan 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 143 sq meters or 1,539 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 January 2006 the House Price Index for WEST MIDLANDS was 83.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 80.355%.Applying this 80.355% change to the original purchase price of £170,000 results in an estimated price of approximately £306,603.
| 20 Jan 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.0 | 149.7 | 80.355 % | £170,000 | £136,603 | £306,603 |
The Postcode Pricing Model uses changes in average sales price within the WV2 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 | 190.269 % | £323,457 | £493,457 |
| 3 Month Average | 76.559 % | £130,149 | £300,149 |
| 6 Month Average | 91.319 % | £155,241 | £325,241 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2024 | £186,621 | £185,000 | 139 POND LANE |
| 3 Nov 2023 | £184,688 | £180,000 | 27 POND GROVE |
| 24 Apr 2023 | £214,003 | £210,000 | 3 WATERSIDE CLOSE |
| 17 Mar 2023 | £252,720 | £248,500 | 32 SILVERBIRCH ROAD |
| 16 Feb 2023 | £153,022 | £152,000 | 21 SHAYLER GROVE |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 2 May 2013. Using an estimated price of £306,603 means this house is valued at £2,144 per sq meter (£199 per sq foot).
The average size of a house on POND LANE is 101 sq meters (1,095 sq feet).
This house is the largest in the street with a floor area of 143 sq meters (1,539 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Lilleshall Crescent |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lilleshall Crescent |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lilleshall Crescent |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lilleshall Crescent |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Lilleshall Crescent |