£171,525
This estimated value is based upon the latest sale price for the house of £100,000 on 8 Feb 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £100,000 | 8 Feb 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2013 the House Price Index for WEST MIDLANDS was 59.0.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 71.525%.Applying this 71.525% change to the original purchase price of £100,000 results in an estimated price of approximately £171,525.
| 8 Feb 2013 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 59.0 | 101.2 | 71.525 % | £100,000 | £71,525 | £171,525 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 93.864 % | £93,864 | £193,864 |
| 3 Month Average | 75.746 % | £75,745 | £175,745 |
| 6 Month Average | 71.182 % | £71,182 | £171,182 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2024 | £95,282 | £95,000 | 58 STRATHERN DRIVE |
| 19 Jul 2024 | £288,558 | £282,000 | 22 MASLIN DRIVE |
| 4 Jul 2024 | £200,558 | £196,000 | 9 STRATHERN DRIVE |
| 30 Jun 2023 | £143,838 | £140,000 | 31 HURST ROAD |
| 14 Jun 2023 | £292,812 | £285,000 | 45 PAUL STREET |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 15 Sep 2012. Using an estimated price of £171,525 means this house is valued at £2,144 per sq meter (£199 per sq foot).
The average size of a house on PAUL STREET is 85 sq meters (920 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2025 | Anti-social behaviour | On or near Maslin Drive | |
| Nov 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Maslin Drive |
| Dec 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hollywell Street |
| Dec 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hollywell Street |
| Nov 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hollywell Street |