£160,296
This estimated value is based upon the latest sale price for the house of £135,000 on 11 Sep 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£135,000 | 11 Sep 2020 |
£80,000 | 6 Oct 2010 |
£24,000 | 6 Jan 1997 |
Semi-Detached |
Freehold |
Floor Area: 68 sq meters or 731 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 September 2020 the House Price Index for WEST MIDLANDS was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £135,000 results in an estimated price of approximately £160,296.
11 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 148.6 | 18.738 % | £135,000 | £25,296 | £160,296 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 7.048 % | £9,514 | £144,514 |
3 Month Average | 42.270 % | £57,065 | £192,065 |
6 Month Average | 26.166 % | £35,324 | £170,324 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Aug 2023 | £176,544 | £175,000 | 9 PRUDEN AVENUE |
28 Apr 2023 | £181,959 | £180,000 | 17 LABURNUM ROAD |
21 Apr 2023 | £181,959 | £180,000 | 7 PRUDEN AVENUE |
23 Jan 2023 | £169,203 | £170,000 | 22 WARD GROVE |
13 Jan 2023 | £227,429 | £228,500 | 114 WARD GROVE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 10 Mar 2020. Using an estimated price of £160,297 means this house is valued at £2,357 per sq meter (£219 per sq foot).
The average size of a house on WARD GROVE is 66 sq meters (720 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Ward Grove |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Ward Grove |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gordon Avenue |
Feb 2024 | Other crime | Under investigation | On or near Gordon Avenue |
Feb 2024 | Other crime | Under investigation | On or near Gordon Avenue |