£175,864
This estimated value is based upon the latest sale price for the house of £129,995 on 27 May 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£129,995 | 27 May 2016 |
Semi-Detached |
Freehold |
Floor Area: 64 sq meters or 688 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 2016 the House Price Index for WEST MIDLANDS was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £129,995 results in an estimated price of approximately £175,864.
27 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 149.7 | 35.286 % | £129,995 | £45,869 | £175,864 |
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 | 56.216 % | £73,078 | £203,073 |
3 Month Average | 39.562 % | £51,428 | £181,423 |
6 Month Average | 55.135 % | £71,672 | £201,667 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Apr 2024 | £186,621 | £185,000 | 139 POND LANE |
18 Aug 2023 | £234,224 | £230,000 | 49 WILLCOCK ROAD |
27 Jan 2023 | £240,643 | £240,000 | 55 WILLCOCK ROAD |
19 May 2022 | £154,012 | £150,000 | 92 THOMPSON AVENUE |
3 Feb 2022 | £143,678 | £136,000 | 82 POND LANE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 21 Apr 2016. Using an estimated price of £175,865 means this house is valued at £2,747 per sq meter (£255 per sq foot).
The average size of a house on WILLCOCK ROAD is 86 sq meters (932 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Rowan Tree Drive |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Rowan Tree Drive |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowan Tree Drive |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowan Tree Drive |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowan Tree Drive |