£215,221
This estimated value is based upon the latest sale price for the house of £174,000 on 6 Aug 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £174,000 | 6 Aug 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 2018 the House Price Index for WEST MIDLANDS was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £174,000 results in an estimated price of approximately £215,221.
| 6 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £174,000 | £41,221 | £215,221 |
The Postcode Pricing Model uses changes in average sales price within the DY4 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 | -2.704 % | £-4,704 | £169,295 |
| 3 Month Average | -4.091 % | £-7,118 | £166,881 |
| 6 Month Average | 10.720 % | £18,651 | £192,651 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jul 2023 | £309,161 | £305,000 | 30 GREENACRE ROAD |
| 26 Jun 2023 | £328,985 | £325,000 | 32 GREENACRE ROAD |
| 13 Jul 2022 | £210,567 | £210,000 | 82 MELDON DRIVE |
| 25 Mar 2022 | £269,428 | £260,000 | 39 WAKE GREEN ROAD |
| 31 Jan 2022 | £157,861 | £150,000 | 80 MELDON DRIVE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 5 Dec 2017. Using an estimated price of £215,221 means this house is valued at £1,974 per sq meter (£183 per sq foot).
There is one other house on the street which we know the size of, this is 5 WELLS CLOSE it is 92.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Wells Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wells Close |
| Mar 2024 | Anti-social behaviour | On or near Andrew Road | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Andrew Road |
| Mar 2024 | Anti-social behaviour | On or near Andrew Road |