£187,032
This estimated value is based upon the latest sale price for the house of £124,000 on 21 Nov 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £124,000 | 21 Nov 2014 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 November 2014 the House Price Index for WEST MIDLANDS was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £124,000 results in an estimated price of approximately £187,032.
| 21 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 149.7 | 50.833 % | £124,000 | £63,032 | £187,032 |
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 | 43.290 % | £53,679 | £177,679 |
| 3 Month Average | 55.187 % | £68,432 | £192,432 |
| 6 Month Average | 51.002 % | £63,242 | £187,242 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £176,533 | £175,000 | 12 TOWNSON ROAD |
| 11 Dec 2023 | £231,101 | £224,000 | 12 SOBERTON CLOSE |
| 17 Nov 2023 | £263,694 | £257,000 | 1 SOBERTON CLOSE |
| 27 Jan 2023 | £330,884 | £330,000 | 5 MEON WAY |
| 14 Jul 2022 | £191,923 | £190,000 | 14 TOWNSON ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 27 Aug 2014. Using an estimated price of £187,032 means this house is valued at £2,253 per sq meter (£209 per sq foot).
The average size of a house on TOWNSON ROAD is 82 sq meters (886 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Supermarket |
| Oct 2024 | Robbery | Under investigation | On or near Supermarket |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Sep 2024 | Shoplifting | Under investigation | On or near Supermarket |