£139,420
This estimated value is based upon the latest sale price for the house of £71,000 on 16 Jul 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £71,000 | 16 Jul 2004 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 July 2004 the House Price Index for WEST MIDLANDS was 76.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 96.367%.Applying this 96.367% change to the original purchase price of £71,000 results in an estimated price of approximately £139,420.
| 16 Jul 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 149.7 | 96.367 % | £71,000 | £68,420 | £139,420 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 51.649 % | £36,671 | £107,671 |
| 3 Month Average | 78.977 % | £56,073 | £127,073 |
| 6 Month Average | 75.232 % | £53,414 | £124,414 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Oct 2024 | £220,000 | £220,000 | 8 HARLECH ROAD |
| 3 May 2024 | £205,000 | £205,000 | 25 MAGNESS CRESCENT |
| 27 Mar 2024 | £182,809 | £180,000 | 8 MAGNESS CRESCENT |
| 8 Dec 2023 | £221,816 | £215,000 | 3 WILLIAMS CLOSE |
| 2 Nov 2023 | £166,219 | £162,000 | 18 HOWE CRESCENT |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 22 May 2013. Using an estimated price of £139,421 means this house is valued at £2,020 per sq meter (£187 per sq foot).
The average size of a house on HOWE CRESCENT is 82 sq meters (886 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Howe Crescent |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Howe Crescent |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Howe Crescent |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Howe Crescent |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Howe Crescent |