£117,313
This estimated value is based upon the latest sale price for the house of £79,000 on 23 Mar 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £79,000 | 23 Mar 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2015 the House Price Index for WEST MIDLANDS was 100.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.498%.Applying this 48.498% change to the original purchase price of £79,000 results in an estimated price of approximately £117,313.
| 23 Mar 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 149.7 | 48.498 % | £79,000 | £38,313 | £117,313 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 35.464 % | £28,016 | £107,016 |
| 3 Month Average | 71.376 % | £56,386 | £135,386 |
| 6 Month Average | 62.234 % | £49,164 | £128,164 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2024 | £137,500 | £137,500 | 18 SHARMAN ROAD |
| 29 Apr 2024 | £121,051 | £120,000 | 68 OLD FALLINGS CRESCENT |
| 28 Mar 2024 | £187,887 | £185,000 | 8 OLD FALLINGS CRESCENT |
| 8 Mar 2024 | £152,341 | £150,000 | 19 FOURTH AVENUE |
| 10 Aug 2022 | £155,728 | £155,000 | 55 FOURTH AVENUE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 11 Dec 2015. Using an estimated price of £117,313 means this house is valued at £1,607 per sq meter (£149 per sq foot).
The average size of a house on OLD FALLINGS CRESCENT is 83 sq meters (898 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Sharman Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sharman Road |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Sharman Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sharman Road |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Sharman Road |