£168,604
This estimated value is based upon the latest sale price for the house of £165,000 on 6 Jun 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £165,000 | 6 Jun 2022 |
| £79,500 | 28 Apr 2017 |
| £45,000 | 8 Aug 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 53 sq meters or 570 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 June 2022 the House Price Index for WEST MIDLANDS was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £165,000 results in an estimated price of approximately £168,604.
| 6 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £165,000 | £3,604 | £168,604 |
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 | -30.689 % | £-50,636 | £114,363 |
| 3 Month Average | -13.472 % | £-22,228 | £142,771 |
| 6 Month Average | 14.018 % | £23,130 | £188,130 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 13 Jul 2022 | £44,445 | £44,000 | 731 PARKFIELD ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 31 Aug 2021. Using an estimated price of £168,604 means this house is valued at £3,181 per sq meter (£295 per sq foot).
The average size of a house on BEACONSFIELD DRIVE is 87 sq meters (942 sq feet).
This house is the smallest in the street with a floor area of 53 sq meters (570 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Beaconsfield Drive |
| Sep 2024 | Drugs | Under investigation | On or near New Street |
| Aug 2024 | Possession of weapons | Unable to prosecute suspect | On or near New Street |
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near A4039 |
| Aug 2024 | Anti-social behaviour | On or near A4039 |