£204,718
This estimated value is based upon the latest sale price for the house of £160,000 on 30 Aug 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£160,000 | 30 Aug 2017 |
£90,000 | 21 Jun 2007 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 775 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 August 2017 the House Price Index for WEST MIDLANDS was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £160,000 results in an estimated price of approximately £204,718.
30 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.0 | 149.7 | 27.949 % | £160,000 | £44,718 | £204,718 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 9.129 % | £14,606 | £174,606 |
3 Month Average | 31.099 % | £49,758 | £209,758 |
6 Month Average | 23.736 % | £37,978 | £197,978 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Apr 2023 | £285,337 | £280,000 | 67 SCHOOL ROAD |
16 Feb 2023 | £208,392 | £207,000 | 20 WOODEND PLACE |
29 Jul 2022 | £242,429 | £240,000 | 12 PENK RISE |
19 May 2022 | £206,377 | £201,000 | 46 SCHOOL ROAD |
1 Dec 2021 | £180,784 | £167,500 | 68 SCHOOL ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 2 May 2017. Using an estimated price of £204,718 means this house is valued at £2,843 per sq meter (£264 per sq foot).
The average size of a house on PENK RISE is 91 sq meters (985 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near The Crescent | |
May 2024 | Anti-social behaviour | On or near The Crescent | |
May 2024 | Violence and sexual offences | Under investigation | On or near The Crescent |
May 2024 | Anti-social behaviour | On or near The Crescent | |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Crescent |