£250,802
This estimated value is based upon the latest sale price for the house of £49,995 on 4 Jul 1997. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £49,995 | 4 Jul 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 July 1997 the House Price Index for WEST MIDLANDS was 29.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 401.654%.Applying this 401.654% change to the original purchase price of £49,995 results in an estimated price of approximately £250,802.
| 4 Jul 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.2 | 146.7 | 401.654 % | £49,995 | £200,807 | £250,802 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 338.448 % | £169,207 | £219,202 |
| 3 Month Average | 278.489 % | £139,230 | £189,225 |
| 6 Month Average | 260.923 % | £130,448 | £180,443 |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 14 Mar 2015.
There is one other house on the street which we know the size of, this is 5 GRIFFITHS ROAD it is 103.4
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Griffiths Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Griffiths Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Griffiths Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Heath Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Heath Road |