£246,865
This estimated value is based upon the latest sale price for the house of £185,000 on 28 Oct 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Woodland Close
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| Price Paid | Date |
|---|---|
| £185,000 | 28 Oct 2016 |
| £115,000 | 8 Apr 2004 |
| Detached |
| Freehold |
| Floor Area: 53 sq meters or 570 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 October 2016 the House Price Index for WEST MIDLANDS was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £185,000 results in an estimated price of approximately £246,865.
| 28 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £185,000 | £61,865 | £246,865 |
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 | 71.502 % | £132,278 | £317,278 |
| 3 Month Average | 58.736 % | £108,662 | £293,662 |
| 6 Month Average | 47.731 % | £88,302 | £273,302 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £221,816 | £215,000 | 21 WALKERS FOLD |
| 1 Dec 2023 | £257,926 | £250,000 | 22 ANDREW DRIVE |
| 29 Nov 2023 | £159,037 | £155,000 | 13 ANDREW DRIVE |
| 27 Oct 2023 | £171,904 | £168,000 | 15 WALKERS FOLD |
| 27 Oct 2023 | £181,625 | £177,500 | 36 WALKERS FOLD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 28 May 2016. Using an estimated price of £246,866 means this house is valued at £4,657 per sq meter (£432 per sq foot).
The average size of a house on HUNTS LANE is 95 sq meters (1,030 sq feet).
This house is the smallest in the street with a floor area of 53 sq meters (570 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Woodland Close |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Andrew Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bloxwich Road North |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Andrew Drive |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Andrew Drive |