£162,233
This estimated value is based upon the latest sale price for the house of £44,000 on 6 Oct 2000. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £44,000 | 6 Oct 2000 |
| £27,000 | 3 Jun 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 October 2000 the House Price Index for WEST MIDLANDS was 40.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 268.712%.Applying this 268.712% change to the original purchase price of £44,000 results in an estimated price of approximately £162,233.
| 6 Oct 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.6 | 149.7 | 268.712 % | £44,000 | £118,233 | £162,233 |
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 | 395.973 % | £174,228 | £218,228 |
| 3 Month Average | 397.313 % | £174,817 | £218,817 |
| 6 Month Average | 302.001 % | £132,880 | £176,880 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £154,755 | £150,000 | 40 CAVENDISH GARDENS |
| 31 Jan 2023 | £183,490 | £183,000 | 2 CAVENDISH ROAD |
| 25 Nov 2022 | £149,302 | £150,000 | 9 WINSTER ROAD |
| 23 Nov 2022 | £179,162 | £180,000 | 147 STOWHEATH LANE |
| 22 Nov 2022 | £169,209 | £170,000 | 18 CAVENDISH GARDENS |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 9 Jun 2014. Using an estimated price of £162,233 means this house is valued at £1,802 per sq meter (£167 per sq foot).
The average size of a house on WINSTER ROAD is 118 sq meters (1,275 sq feet).
This house is the largest in the street with a floor area of 90 sq meters (968 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Winster Road |
| Aug 2024 | Anti-social behaviour | On or near Winster Road | |
| Aug 2024 | Anti-social behaviour | On or near Winster Road | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cavendish Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cavendish Road |