£116,194
This estimated value is based upon the latest sale price for the house of £68,000 on 26 May 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £68,000 | 26 May 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 453 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 2010 the House Price Index for WEST MIDLANDS was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.874%.Applying this 70.874% change to the original purchase price of £68,000 results in an estimated price of approximately £116,194.
| 26 May 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 149.7 | 70.874 % | £68,000 | £48,194 | £116,194 |
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 | 62.568 % | £42,546 | £110,546 |
| 3 Month Average | 78.498 % | £53,378 | £121,378 |
| 6 Month Average | 54.823 % | £37,279 | £105,279 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £185,000 | £185,000 | 307 WOLVERHAMPTON ROAD EAST |
| 2 May 2024 | £48,000 | £48,000 | 734 PARKFIELD ROAD |
| 15 Dec 2023 | £190,865 | £185,000 | 1 BEACONSFIELD DRIVE |
| 28 Apr 2023 | £173,240 | £170,000 | 12 GREENLY ROAD |
| 31 Aug 2022 | £115,540 | £115,000 | FLAT 3 548 WOLVERHAMPTON ROAD EAST |
This house has a floor area of 42 sq meters or 453 sq feet when measured on 10 Apr 2009. Using an estimated price of £116,194 means this house is valued at £2,757 per sq meter (£256 per sq foot).
The average size of a house on WOLVERHAMPTON ROAD EAST is 95 sq meters (1,027 sq feet).
This house is the smallest in the street with a floor area of 42 sq meters (453 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Greenly Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greenly Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beaconsfield Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beaconsfield Drive |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beaconsfield Drive |