£154,517
This estimated value is based upon the latest sale price for the house of £125,000 on 30 May 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£125,000 | 30 May 2019 |
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 May 2019 the House Price Index for WEST MIDLANDS was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £125,000 results in an estimated price of approximately £154,517.
30 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 148.6 | 23.614 % | £125,000 | £29,517 | £154,517 |
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 | 120.561 % | £150,700 | £275,700 |
3 Month Average | 20.007 % | £25,009 | £150,009 |
6 Month Average | 14.242 % | £17,802 | £142,802 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Mar 2023 | £116,094 | £115,000 | 21 SHAW ROAD |
18 Nov 2022 | £592,819 | £600,000 | 35 WANDERERS AVENUE |
3 Nov 2022 | £169,447 | £171,500 | 16 WANDERERS AVENUE |
12 Aug 2022 | £209,436 | £210,000 | 32 WANDERERS AVENUE |
7 Feb 2022 | £120,600 | £115,000 | 9 STRODE ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 2 Jul 2018. Using an estimated price of £154,517 means this house is valued at £2,272 per sq meter (£211 per sq foot).
The average size of a house on TALBOT ROAD is 99 sq meters (1,069 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Strode Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shaw Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shaw Road |
Mar 2024 | Burglary | Under investigation | On or near Shaw Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wanderers Avenue |