£320,000
This estimated value is based upon the latest sale price for the house of £204,995 on 28 Sep 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £204,995 | 28 Sep 2007 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 September 2007 the House Price Index for WEST MIDLANDS was 95.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.101%.Applying this 56.101% change to the original purchase price of £204,995 results in an estimated price of approximately £320,000.
| 28 Sep 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 148.6 | 56.101 % | £204,995 | £115,005 | £320,000 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | 0.929 % | £1,903 | £206,898 |
| 3 Month Average | 37.360 % | £76,586 | £281,581 |
| 6 Month Average | 65.782 % | £134,850 | £339,845 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £181,959 | £180,000 | 15 VOWLES ROAD |
| 24 Feb 2023 | £219,852 | £220,000 | 8 VOWLES ROAD |
| 7 Jun 2022 | £131,356 | £129,500 | 49 VOWLES ROAD |
| 23 Mar 2022 | £187,563 | £181,000 | 19 VOWLES ROAD |
| 22 Dec 2021 | £101,781 | £95,000 | 15 WESTLEY COURT |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 13 Aug 2018. Using an estimated price of £320,000 means this house is valued at £3,555 per sq meter (£330 per sq foot).
The average size of a house on VOWLES ROAD is 94 sq meters (1,021 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Vowles Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Vowles Road |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Westley Court |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bank Street |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Westley Court |