£172,736
This estimated value is based upon the latest sale price for the house of £139,000 on 7 Dec 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £139,000 | 7 Dec 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 December 2018 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £139,000 results in an estimated price of approximately £172,736.
| 7 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £139,000 | £33,736 | £172,736 |
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 | -4.131 % | £-5,741 | £133,258 |
| 3 Month Average | 50.076 % | £69,605 | £208,605 |
| 6 Month Average | 27.872 % | £38,742 | £177,742 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £230,072 | £225,000 | 9 BEVERLEY CRESCENT |
| 28 Apr 2023 | £183,431 | £180,000 | 17 LABURNUM ROAD |
| 23 Jan 2023 | £170,455 | £170,000 | 22 WARD GROVE |
| 13 Jan 2023 | £225,603 | £225,000 | 34 LABURNUM ROAD |
| 13 Jan 2023 | £229,112 | £228,500 | 114 WARD GROVE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 16 Aug 2016. Using an estimated price of £172,737 means this house is valued at £2,214 per sq meter (£205 per sq foot).
The average size of a house on WORDSWORTH AVENUE is 88 sq meters (955 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beverley Crescent |
| Jul 2024 | Violence and sexual offences | Offender given a caution | On or near Ward Grove |
| Jul 2024 | Violence and sexual offences | Offender given a caution | On or near Ward Grove |
| Jul 2024 | Drugs | Under investigation | On or near Ward Grove |
| May 2024 | Anti-social behaviour | On or near Ward Grove |