£201,812
This estimated value is based upon the latest sale price for the house of £164,000 on 30 Aug 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £164,000 | 30 Aug 2019 |
| £109,000 | 26 May 2017 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 August 2019 the House Price Index for WEST MIDLANDS was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £164,000 results in an estimated price of approximately £201,812.
| 30 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £164,000 | £37,812 | £201,812 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 63.421 % | £104,010 | £268,010 |
| 3 Month Average | 28.613 % | £46,924 | £210,924 |
| 6 Month Average | 26.518 % | £43,488 | £207,488 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £167,938 | £165,000 | 4 FAIRFAX ROAD |
| 14 Jul 2023 | £192,592 | £190,000 | 86 SCHOOL LANE |
| 9 Mar 2023 | £148,398 | £147,000 | 81 SCHOOL LANE |
| 23 Feb 2023 | £204,862 | £205,000 | 2 FAIRFAX ROAD |
| 13 Feb 2023 | £94,936 | £95,000 | 13 NORTHWOOD PARK ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 6 Apr 2017. Using an estimated price of £201,813 means this house is valued at £2,402 per sq meter (£223 per sq foot).
There is one other house on the street which we know the size of, this is 4 RUSHALL ROAD it is 82.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Rushall Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rushall Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Rushall Road |
| Feb 2024 | Public order | Under investigation | On or near Rushall Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rushall Road |