£221,996
This estimated value is based upon the latest sale price for the house of £165,000 on 16 Jun 2016. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £165,000 | 16 Jun 2016 |
| £84,950 | 20 Dec 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 sq feet |
This model uses changes in the Official Land Registry House Price Index for WORCESTERSHIRE to estimate the market value.
When this house was purchased in June 2016 the House Price Index for WORCESTERSHIRE was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £165,000 results in an estimated price of approximately £221,996.
| 16 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 149.7 | 34.544 % | £165,000 | £56,996 | £221,996 |
The Postcode Pricing Model uses changes in average sales price within the DY10 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 | 53.653 % | £88,526 | £253,526 |
| 3 Month Average | 51.734 % | £85,360 | £250,360 |
| 6 Month Average | 43.907 % | £72,446 | £237,446 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £292,488 | £283,500 | 204 STOURBRIDGE ROAD |
| 11 Sep 2023 | £265,861 | £260,000 | 72 WOLVERHAMPTON ROAD |
| 25 Aug 2023 | £175,159 | £172,000 | 93 WOLVERHAMPTON ROAD |
| 9 Jun 2023 | £179,599 | £176,000 | FLAT 4 HEATH HOUSE STOURBRIDGE ROAD |
| 31 Mar 2023 | £350,859 | £345,000 | 50 WOLVERHAMPTON ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 7 Mar 2016. Using an estimated price of £221,997 means this house is valued at £2,999 per sq meter (£278 per sq foot).
The average size of a house on WOLVERHAMPTON ROAD is 90 sq meters (969 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Wolverhampton Road | |
| Sep 2024 | Other theft | Under investigation | On or near Wolverhampton Road |
| Aug 2024 | Anti-social behaviour | On or near Wolverhampton Road | |
| Aug 2024 | Anti-social behaviour | On or near Wolverhampton Road | |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wolverhampton Road |