£268,623
This estimated value is based upon the latest sale price for the house of £235,000 on 4 Dec 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £235,000 | 4 Dec 2020 |
| Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 December 2020 the House Price Index for WEST MIDLANDS was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £235,000 results in an estimated price of approximately £268,623.
| 4 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.0 | 14.308 % | £235,000 | £33,623 | £268,623 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | -61.572 % | £-144,695 | £90,304 |
| 3 Month Average | 3.308 % | £7,774 | £242,774 |
| 6 Month Average | -4.412 % | £-10,369 | £224,630 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £356,749 | £350,000 | 192 COALWAY ROAD |
| 19 Jul 2023 | £237,244 | £235,000 | 6 HILARY DRIVE |
| 27 Jan 2023 | £245,841 | £248,000 | 241 COALWAY ROAD |
| 10 Aug 2022 | £276,134 | £278,000 | 202 COALWAY ROAD |
| 10 Jun 2022 | £267,713 | £265,000 | 2 COALWAY GARDENS |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 5 Aug 2020. Using an estimated price of £268,624 means this house is valued at £3,488 per sq meter (£324 per sq foot).
The average size of a house on HILARY DRIVE is 104 sq meters (1,121 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coalway Gardens |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coalway Gardens |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hilary Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hilary Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |