£69,125
This estimated value is based upon the latest sale price for the house of £50,000 on 11 Jan 2016. 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 Maxwell Road
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| Price Paid | Date |
|---|---|
| £50,000 | 11 Jan 2016 |
| £80,000 | 16 May 2006 |
| £42,000 | 17 Aug 2005 |
| Terraced |
| Freehold |
| Floor Area: 114 sq meters or 1,230 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 2016 the House Price Index for WEST MIDLANDS was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £50,000 results in an estimated price of approximately £69,125.
| 11 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £50,000 | £19,125 | £69,125 |
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 | 272.520 % | £136,259 | £186,259 |
| 3 Month Average | 66.237 % | £33,118 | £83,118 |
| 6 Month Average | 45.929 % | £22,964 | £72,964 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £134,044 | £131,000 | 3 MAXWELL ROAD |
| 12 Oct 2023 | £102,324 | £100,000 | 35 GRANVILLE STREET |
| 6 Jun 2023 | £129,597 | £127,000 | 33 MAXWELL ROAD |
| 21 Apr 2023 | £102,161 | £100,250 | 46 MAXWELL ROAD |
| 21 Mar 2023 | £147,463 | £145,000 | 31 GRANVILLE STREET |
This house has a floor area of 114 sq meters or 1,230 sq feet when measured on 14 Mar 2011. Using an estimated price of £69,126 means this house is valued at £604 per sq meter (£56 per sq foot).
The average size of a house on MAXWELL ROAD is 85 sq meters (922 sq feet).
This house is the largest in the street with a floor area of 114 sq meters (1,230 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Maxwell Road |
| Jul 2024 | Anti-social behaviour | On or near Maxwell Road | |
| Jun 2024 | Other crime | Unable to prosecute suspect | On or near Maxwell Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Maxwell Road |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near All Saints Road |