£236,952
This estimated value is based upon the latest sale price for the house of £180,000 on 6 Jan 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £180,000 | 6 Jan 2017 |
| Semi-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 January 2017 the House Price Index for WEST MIDLANDS was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £180,000 results in an estimated price of approximately £236,952.
| 6 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 149.7 | 31.640 % | £180,000 | £56,952 | £236,952 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 115.595 % | £208,071 | £388,071 |
| 3 Month Average | 64.648 % | £116,365 | £296,365 |
| 6 Month Average | 65.764 % | £118,375 | £298,375 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £220,000 | £220,000 | 2 GOUGH ROAD |
| 28 Sep 2023 | £199,396 | £195,000 | 57 GOUGH ROAD |
| 4 Aug 2023 | £183,306 | £180,000 | 11 SOUTHALL CRESCENT |
| 4 Aug 2023 | £231,679 | £227,500 | 3 RIBBESFORD CRESCENT |
| 31 Aug 2022 | £183,860 | £183,000 | 31 LEGGE LANE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 24 Jun 2014. Using an estimated price of £236,952 means this house is valued at £3,077 per sq meter (£285 per sq foot).
The average size of a house on WEBB STREET is 166 sq meters (1,792 sq feet).
This house is the smallest in the street with a floor area of 77 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gough Road |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gough Road |
| Aug 2024 | Violence and sexual offences | Local resolution | On or near Gough Road |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Legge Lane |
| Aug 2024 | Vehicle crime | Under investigation | On or near Ribbesford Crescent |