£127,000
This estimated value is based upon the latest sale price for the house of £100,000 on 30 Nov 2017. 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 | 30 Nov 2017 |
| £69,000 | 1 May 2008 |
| £63,000 | 19 Mar 2008 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 905 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 November 2017 the House Price Index for WEST MIDLANDS was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £100,000 results in an estimated price of approximately £127,000.
| 30 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £100,000 | £27,000 | £127,000 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 46.074 % | £46,074 | £146,074 |
| 3 Month Average | 39.155 % | £39,154 | £139,154 |
| 6 Month Average | 40.835 % | £40,835 | £140,835 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £215,308 | £212,000 | 5 OAK GROVE |
| 22 Nov 2023 | £674,368 | £657,250 | 66A LONG KNOWLE LANE |
| 10 Nov 2023 | £194,949 | £190,000 | 9 OAK GROVE |
| 15 Mar 2023 | £152,548 | £150,000 | 113 HARPER AVENUE |
| 27 Jan 2023 | £240,643 | £240,000 | 67 LONG KNOWLE LANE |
This house has a floor area of 84 sq meters or 905 sq feet when measured on 23 Jun 2009. Using an estimated price of £127,000 means this house is valued at £1,510 per sq meter (£140 per sq foot).
There is one other house on the street which we know the size of, this is 13 BRADBURN ROAD it is 88.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Unable to prosecute suspect | On or near Bradburn Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bradburn Road |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Bradburn Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bradburn Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mills Close |