£185,229
This estimated value is based upon the latest sale price for the house of £150,000 on 17 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 |
|---|---|
| £150,000 | 17 Sep 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £150,000 results in an estimated price of approximately £185,229.
| 17 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £150,000 | £35,229 | £185,229 |
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 | 28.923 % | £43,384 | £193,384 |
| 3 Month Average | 26.294 % | £39,441 | £189,441 |
| 6 Month Average | 32.261 % | £48,391 | £198,391 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £232,979 | £230,000 | 416 WOLVERHAMPTON ROAD EAST |
| 30 Jun 2023 | £234,845 | £232,000 | 42 FIELDHOUSE ROAD |
| 28 Apr 2023 | £232,503 | £230,000 | 6 SHERRANS DELL |
| 22 Mar 2023 | £282,663 | £280,000 | 37 DOVEDALE ROAD |
| 20 May 2022 | £287,925 | £282,500 | 8 SHERRANS DELL |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 15 May 2018. Using an estimated price of £185,230 means this house is valued at £2,013 per sq meter (£187 per sq foot).
The average size of a house on FIELDHOUSE ROAD is 116 sq meters (1,258 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Fieldhouse Road |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Sherrans Dell |
| Mar 2024 | Vehicle crime | Under investigation | On or near Genge Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Genge Avenue |
| Mar 2024 | Robbery | Under investigation | On or near Genge Avenue |