£154,908
This estimated value is based upon the latest sale price for the house of £122,000 on 31 Jul 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £122,000 | 31 Jul 2017 |
| £83,000 | 26 Jun 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 45 sq meters or 484 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 2017 the House Price Index for WEST MIDLANDS was 116.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 26.974%.Applying this 26.974% change to the original purchase price of £122,000 results in an estimated price of approximately £154,908.
| 31 Jul 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.0 | 26.974 % | £122,000 | £32,908 | £154,908 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 2.119 % | £2,585 | £124,585 |
| 3 Month Average | 19.751 % | £24,096 | £146,096 |
| 6 Month Average | 20.855 % | £25,443 | £147,443 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £174,298 | £171,000 | 22 PRUDEN AVENUE |
| 21 Apr 2023 | £181,348 | £180,000 | 7 PRUDEN AVENUE |
| 13 Jan 2023 | £226,510 | £228,500 | 114 WARD GROVE |
| 2 Jan 2023 | £218,084 | £220,000 | 31A PRUDEN AVENUE |
| 30 May 2022 | £177,590 | £174,950 | 87 WARD GROVE |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 11 Jul 2016. Using an estimated price of £154,908 means this house is valued at £3,442 per sq meter (£319 per sq foot).
The average size of a house on WARD GROVE is 66 sq meters (720 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Pruden Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Pruden Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pruden Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pruden Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pruden Avenue |