£200,265
This estimated value is based upon the latest sale price for the house of £149,950 on 9 Jun 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £149,950 | 9 Jun 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 909 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 June 2016 the House Price Index for WEST MIDLANDS was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £149,950 results in an estimated price of approximately £200,265.
| 9 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £149,950 | £50,315 | £200,265 |
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 | 64.945 % | £97,385 | £247,335 |
| 3 Month Average | 44.036 % | £66,031 | £215,981 |
| 6 Month Average | 45.352 % | £68,004 | £217,954 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jul 2022 | £230,621 | £230,000 | 4 WIMBORNE ROAD |
| 15 Jul 2022 | £220,594 | £220,000 | 571 CANNOCK ROAD |
| 20 May 2022 | £241,042 | £236,500 | 195 BUSHBURY ROAD |
| 14 Apr 2022 | £216,258 | £210,000 | 9 WIMBORNE ROAD |
| 24 Mar 2022 | £222,796 | £215,000 | 210 BUSHBURY ROAD |
This house has a floor area of 84 sq meters or 909 sq feet when measured on 4 Apr 2011. Using an estimated price of £200,266 means this house is valued at £2,370 per sq meter (£220 per sq foot).
The average size of a house on WIMBORNE ROAD is 103 sq meters (1,119 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Thorneycroft Lane |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Avenue |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Avenue |
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near The Avenue |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near The Avenue |