£237,910
This estimated value is based upon the latest sale price for the house of £240,000 on 27 Jan 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £240,000 | 27 Jan 2023 |
| £174,995 | 26 Aug 2016 |
| Terraced |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 January 2023 the House Price Index for WEST MIDLANDS was 149.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.871%.Applying this -0.871% change to the original purchase price of £240,000 results in an estimated price of approximately £237,910.
| 27 Jan 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.0 | -0.871 % | £240,000 | £-2,089 | £237,910 |
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 | -10.917 % | £-26,199 | £213,800 |
| 3 Month Average | -1.648 % | £-3,955 | £236,044 |
| 6 Month Average | -1.289 % | £-3,094 | £236,905 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £132,704 | £131,000 | 117 THOMPSON AVENUE |
| 18 Aug 2023 | £231,407 | £230,000 | 49 WILLCOCK ROAD |
| 17 Mar 2023 | £249,851 | £248,500 | 32 SILVERBIRCH ROAD |
| 27 Jan 2023 | £237,910 | £240,000 | 55 WILLCOCK ROAD |
| 24 Oct 2022 | £161,598 | £164,000 | 16 SILVERBIRCH ROAD |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 25 Aug 2016. Using an estimated price of £237,910 means this house is valued at £2,223 per sq meter (£206 per sq foot).
The average size of a house on WILLCOCK ROAD is 86 sq meters (932 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowan Tree Drive |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowan Tree Drive |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowan Tree Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowan Tree Drive |
| Feb 2024 | Other theft | Under investigation | On or near Rowan Tree Drive |