£87,819
This estimated value is based upon the latest sale price for the house of £72,000 on 24 Jan 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £72,000 | 24 Jan 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 2020 the House Price Index for WEST MIDLANDS was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £72,000 results in an estimated price of approximately £87,819.
| 24 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £72,000 | £15,819 | £87,819 |
The Postcode Pricing Model uses changes in average sales price within the WV1 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 | -10.049 % | £-7,235 | £64,764 |
| 3 Month Average | -11.320 % | £-8,150 | £63,849 |
| 6 Month Average | 6.153 % | £4,429 | £76,429 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £223,862 | £221,000 | 15 PLASCOM ROAD |
| 24 Feb 2023 | £207,860 | £208,000 | 47 PLASCOM ROAD |
| 1 Feb 2023 | £177,381 | £177,500 | 23 ASTBURY CLOSE |
| 21 Apr 2022 | £200,811 | £195,000 | 53 PLASCOM ROAD |
| 7 Feb 2022 | £207,117 | £197,500 | 3 CHILLINGTON FIELDS |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 31 Jul 2019. Using an estimated price of £87,819 means this house is valued at £1,272 per sq meter (£118 per sq foot).
The average size of a house on COALPORT ROAD is 99 sq meters (1,073 sq feet).
This house is the smallest in the street with a floor area of 69 sq meters (742 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Coalport Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coalport Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Minton Close |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Minton Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Minton Close |