£150,527
This estimated value is based upon the latest sale price for the house of £105,000 on 17 Jul 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £105,000 | 17 Jul 2015 |
| £78,000 | 13 Jun 2003 |
| £60,000 | 8 Feb 2002 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 July 2015 the House Price Index for WEST MIDLANDS was 103.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 43.359%.Applying this 43.359% change to the original purchase price of £105,000 results in an estimated price of approximately £150,527.
| 17 Jul 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.0 | 43.359 % | £105,000 | £45,527 | £150,527 |
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 | 17.718 % | £18,603 | £123,603 |
| 3 Month Average | 17.110 % | £17,965 | £122,965 |
| 6 Month Average | 26.636 % | £27,967 | £132,967 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2023 | £201,087 | £200,000 | 39 EAST GREEN |
| 10 Jun 2022 | £267,713 | £265,000 | 2 COALWAY GARDENS |
| 20 May 2022 | £131,962 | £130,000 | 48 WARSTONES DRIVE |
| 4 Mar 2022 | £78,438 | £76,000 | 43 WARSTONES DRIVE |
| 30 Nov 2021 | £355,459 | £330,000 | 33 PINFOLD GROVE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 11 Feb 2015. Using an estimated price of £150,527 means this house is valued at £1,691 per sq meter (£157 per sq foot).
The average size of a house on WARSTONES DRIVE is 85 sq meters (916 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Leasowes Drive |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Leasowes Drive |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Leasowes Drive |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Leasowes Drive |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Leasowes Drive |