£176,270
This estimated value is based upon the latest sale price for the house of £88,500 on 25 Jun 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £88,500 | 25 Jun 2004 |
| £48,000 | 29 Jun 2001 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 June 2004 the House Price Index for WEST MIDLANDS was 75.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 99.175%.Applying this 99.175% change to the original purchase price of £88,500 results in an estimated price of approximately £176,270.
| 25 Jun 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 149.7 | 99.175 % | £88,500 | £87,770 | £176,270 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 40.774 % | £36,085 | £124,585 |
| 3 Month Average | 80.846 % | £71,548 | £160,048 |
| 6 Month Average | 86.398 % | £76,462 | £164,962 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jun 2024 | £260,000 | £260,000 | 14 THOMPSON CLOSE |
| 5 Apr 2024 | £181,577 | £180,000 | 11 LAWRENCE STREET |
| 4 Apr 2024 | £149,296 | £148,000 | 121 WEBSTER ROAD |
| 26 Mar 2024 | £137,107 | £135,000 | 130 THORNE ROAD |
| 15 Mar 2024 | £187,887 | £185,000 | 96 THORNE ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 23 Jun 2014. Using an estimated price of £176,270 means this house is valued at £1,745 per sq meter (£162 per sq foot).
The average size of a house on WEBSTER ROAD is 78 sq meters (850 sq feet).
This house is the largest in the street with a floor area of 101 sq meters (1,087 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lawrence Street |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lawrence Street |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Lawrence Street |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lawrence Street |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lawrence Street |