£325,017
This estimated value is based upon the latest sale price for the house of £215,500 on 29 Aug 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £215,500 | 29 Aug 2014 |
| £221,000 | 21 Jun 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 2014 the House Price Index for WEST MIDLANDS was 98.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 50.820%.Applying this 50.820% change to the original purchase price of £215,500 results in an estimated price of approximately £325,017.
| 29 Aug 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.0 | 50.820 % | £215,500 | £109,517 | £325,017 |
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 | -58.268 % | £-125,567 | £89,932 |
| 3 Month Average | 24.900 % | £53,659 | £269,159 |
| 6 Month Average | 17.656 % | £38,049 | £253,549 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2023 | £347,820 | £345,000 | 1 WOOTTON ROAD |
| 23 Feb 2023 | £323,420 | £324,950 | 33 WOOTTON ROAD |
| 16 Feb 2023 | £309,038 | £310,500 | 80 WOODLAND ROAD |
| 27 Jan 2023 | £356,865 | £360,000 | 52 WOODLAND ROAD |
| 9 Sep 2022 | £274,660 | £278,000 | 60 WOODLAND ROAD |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 23 Jun 2014. Using an estimated price of £325,018 means this house is valued at £2,754 per sq meter (£255 per sq foot).
The average size of a house on WOOTTON ROAD is 124 sq meters (1,338 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whitehouse Avenue |
| Feb 2024 | Vehicle crime | Awaiting court outcome | On or near Cranford Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Old Farm Meadow |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodland Road |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Woodland Road |