£128,788
This estimated value is based upon the latest sale price for the house of £86,500 on 26 Feb 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £86,500 | 26 Feb 2015 |
| £100,000 | 13 Jun 2008 |
| £80,000 | 24 Nov 2003 |
| £57,200 | 4 May 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 32 sq meters or 344 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 February 2015 the House Price Index for WEST MIDLANDS was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £86,500 results in an estimated price of approximately £128,788.
| 26 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 149.7 | 48.888 % | £86,500 | £42,288 | £128,788 |
The Postcode Pricing Model uses changes in average sales price within the WS9 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 | 12.591 % | £10,891 | £97,391 |
| 3 Month Average | 29.462 % | £25,485 | £111,985 |
| 6 Month Average | 39.763 % | £34,395 | £120,895 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £126,717 | £123,500 | FLAT 2 THE ELMS, 233 WALSALL WOOD ROAD |
| 4 Aug 2023 | £224,041 | £220,000 | 297 WALSALL WOOD ROAD |
| 22 Jun 2023 | £196,437 | £192,500 | 48 JESSIE ROAD |
| 27 Jan 2023 | £222,595 | £222,000 | 324 WALSALL WOOD ROAD |
| 20 Jan 2023 | £185,496 | £185,000 | 40 JESSIE ROAD |
This house has a floor area of 32 sq meters or 344 sq feet when measured on 24 Sep 2019. Using an estimated price of £128,788 means this house is valued at £4,024 per sq meter (£373 per sq foot).
The average size of a house on WALSALL WOOD ROAD is 90 sq meters (971 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Avenue |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Avenue |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walton Road |