£140,572
This estimated value is based upon the latest sale price for the house of £113,000 on 10 Sep 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £113,000 | 10 Sep 2018 |
| £43,000 | 29 Aug 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 47 sq meters or 505 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 2018 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £113,000 results in an estimated price of approximately £140,572.
| 10 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £113,000 | £27,572 | £140,572 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | -21.162 % | £-23,913 | £89,086 |
| 3 Month Average | 11.422 % | £12,907 | £125,907 |
| 6 Month Average | 49.477 % | £55,908 | £168,908 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £176,421 | £171,000 | 22 PRUDEN AVENUE |
| 8 Aug 2023 | £178,214 | £175,000 | 9 PRUDEN AVENUE |
| 28 Apr 2023 | £183,431 | £180,000 | 17 LABURNUM ROAD |
| 21 Apr 2023 | £183,431 | £180,000 | 7 PRUDEN AVENUE |
| 23 Jan 2023 | £170,455 | £170,000 | 22 WARD GROVE |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 21 Mar 2018. Using an estimated price of £140,573 means this house is valued at £2,990 per sq meter (£277 per sq foot).
The average size of a house on WARD GROVE is 66 sq meters (720 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ward Grove |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ward Grove |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gordon Avenue |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pruden Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Pruden Avenue |