£184,742
This estimated value is based upon the latest sale price for the house of £125,000 on 27 Feb 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £125,000 | 27 Feb 2015 |
| 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 February 2015 the House Price Index for WEST MIDLANDS was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £125,000 results in an estimated price of approximately £184,742.
| 27 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £125,000 | £59,742 | £184,742 |
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 | 22.360 % | £27,949 | £152,949 |
| 3 Month Average | 43.265 % | £54,081 | £179,081 |
| 6 Month Average | 49.228 % | £61,535 | £186,535 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £227,914 | £225,000 | 9 BEVERLEY CRESCENT |
| 28 Apr 2023 | £181,959 | £180,000 | 17 LABURNUM ROAD |
| 27 Jan 2023 | £318,500 | £320,000 | 3 CRABTREE CLOSE |
| 13 Jan 2023 | £223,945 | £225,000 | 34 LABURNUM ROAD |
| 19 Aug 2022 | £215,919 | £216,500 | 8 WORDSWORTH AVENUE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 1 Feb 2017. Using an estimated price of £184,743 means this house is valued at £2,052 per sq meter (£190 per sq foot).
The average size of a house on WORDSWORTH AVENUE is 88 sq meters (955 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Beverley Crescent |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Wordsworth Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Genthorn Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Genthorn Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Ward Grove |