£234,224
This estimated value is based upon the latest sale price for the house of £230,000 on 18 Aug 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £230,000 | 18 Aug 2023 |
| £170,000 | 29 Apr 2019 |
| £144,995 | 26 Aug 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 August 2023 the House Price Index for WEST MIDLANDS was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £230,000 results in an estimated price of approximately £234,224.
| 18 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £230,000 | £4,224 | £234,224 |
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 | 68.074 % | £156,569 | £386,569 |
| 3 Month Average | -21.593 % | £-49,664 | £180,335 |
| 6 Month Average | -2.428 % | £-5,584 | £224,415 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2024 | £186,621 | £185,000 | 139 POND LANE |
| 18 Aug 2023 | £234,224 | £230,000 | 49 WILLCOCK ROAD |
| 27 Jan 2023 | £240,643 | £240,000 | 55 WILLCOCK ROAD |
| 19 May 2022 | £154,012 | £150,000 | 92 THOMPSON AVENUE |
| 8 Dec 2021 | £188,879 | £175,000 | 54 WILLCOCK ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 25 Aug 2016. Using an estimated price of £234,224 means this house is valued at £2,856 per sq meter (£265 per sq foot).
The average size of a house on WILLCOCK ROAD is 86 sq meters (932 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Rowan Tree Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Rowan Tree Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowan Tree Drive |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowan Tree Drive |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowan Tree Drive |