£183,430
This estimated value is based upon the latest sale price for the house of £180,000 on 5 Apr 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£180,000 | 5 Apr 2023 |
£113,500 | 26 Aug 2011 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 950 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 April 2023 the House Price Index for WEST MIDLANDS was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £180,000 results in an estimated price of approximately £183,430.
5 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.9 | 149.7 | 1.906 % | £180,000 | £3,430 | £183,430 |
The Postcode Pricing Model uses changes in average sales price within the B65 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 | 26.366 % | £47,458 | £227,458 |
3 Month Average | 4.421 % | £7,958 | £187,958 |
6 Month Average | 3.913 % | £7,042 | £187,042 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £275,000 | £275,000 | 24 WOOLPACK CLOSE |
22 Aug 2023 | £161,920 | £159,000 | 10 SHEEPFOLD CLOSE |
1 Aug 2023 | £142,571 | £140,000 | 84 DUDLEY ROAD |
5 Apr 2023 | £183,431 | £180,000 | 74 DUDLEY ROAD |
21 Mar 2023 | £264,416 | £260,000 | 20B WOOLPACK CLOSE |
This house has a floor area of 88 sq meters or 950 sq feet when measured on 17 Aug 2010. Using an estimated price of £183,431 means this house is valued at £2,076 per sq meter (£192 per sq foot).
The average size of a house on DUDLEY ROAD is 87 sq meters (939 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woolpack Close |
Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near B4171 |
Oct 2024 | Other theft | Unable to prosecute suspect | On or near B4171 |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B4171 |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B4171 |