£209,036
This estimated value is based upon the latest sale price for the house of £169,000 on 2 Aug 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £169,000 | 2 Aug 2018 |
| £164,500 | 15 Feb 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 2018 the House Price Index for WEST MIDLANDS was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £169,000 results in an estimated price of approximately £209,036.
| 2 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £169,000 | £40,036 | £209,036 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 86.521 % | £146,219 | £315,219 |
| 3 Month Average | 25.854 % | £43,693 | £212,693 |
| 6 Month Average | 27.387 % | £46,284 | £215,284 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £263,907 | £260,000 | 12 SANDFORD RISE |
| 29 Sep 2023 | £212,720 | £210,000 | 26 BURLAND AVENUE |
| 4 Aug 2023 | £219,924 | £218,000 | 13 SANDFORD RISE |
| 11 Jul 2023 | £364,911 | £360,000 | 37 SANDY LANE |
| 24 Feb 2023 | £243,836 | £244,000 | 28 SANDFORD RISE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 2 Jul 2018. Using an estimated price of £209,037 means this house is valued at £3,604 per sq meter (£334 per sq foot).
The average size of a house on SANDFORD RISE is 92 sq meters (991 sq feet).
This house is the smallest in the street with a floor area of 58 sq meters (624 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burland Avenue |
| Mar 2024 | Public order | Under investigation | On or near Glassford Drive |
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Glassford Drive |
| Mar 2024 | Shoplifting | Under investigation | On or near Glassford Drive |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Glassford Drive |