£281,714
This estimated value is based upon the latest sale price for the house of £225,000 on 15 Dec 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Woodville Gardens
More crime details
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| Price Paid | Date |
|---|---|
| £225,000 | 15 Dec 2017 |
| £77,000 | 22 Aug 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 2017 the House Price Index for WEST MIDLANDS was 118.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 25.206%.Applying this 25.206% change to the original purchase price of £225,000 results in an estimated price of approximately £281,714.
| 15 Dec 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.0 | 25.206 % | £225,000 | £56,714 | £281,714 |
The Postcode Pricing Model uses changes in average sales price within the DY3 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 | 2.814 % | £6,330 | £231,330 |
| 3 Month Average | 32.362 % | £72,815 | £297,815 |
| 6 Month Average | 25.425 % | £57,206 | £282,206 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £144,881 | £144,000 | 27 ROWAN ROAD |
| 21 Jul 2023 | £196,862 | £195,000 | 52 LIME ROAD |
| 31 Mar 2023 | £191,033 | £190,000 | 24 LIME ROAD |
| 15 Mar 2023 | £331,793 | £330,000 | 2 GORGE ROAD |
| 3 Feb 2023 | £207,021 | £208,000 | 18 LIME ROAD |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 24 Aug 2017. Using an estimated price of £281,715 means this house is valued at £2,367 per sq meter (£219 per sq foot).
The average size of a house on GORGE ROAD is 113 sq meters (1,220 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Woodville Gardens |
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Birch Road |
| Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Birch Road |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Lime Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Rowan Road |