£432,343
This estimated value is based upon the latest sale price for the house of £350,000 on 28 Feb 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £350,000 | 28 Feb 2019 |
| Detached |
| Freehold |
| Floor Area: 147 sq meters or 1,582 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 2019 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 23.527%.Applying this 23.527% change to the original purchase price of £350,000 results in an estimated price of approximately £432,343.
| 28 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £350,000 | £82,343 | £432,343 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 124.432 % | £435,513 | £785,513 |
| 3 Month Average | 37.899 % | £132,647 | £482,647 |
| 6 Month Average | 29.977 % | £104,918 | £454,918 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £375,560 | £370,000 | 28 SABRINA ROAD |
| 28 Sep 2023 | £1,000,290 | £987,500 | 25 TINACRE HILL |
| 28 Jul 2023 | £456,139 | £450,000 | 9 WIGHTWICK HALL ROAD |
| 17 Mar 2023 | £535,041 | £530,000 | 43 SABRINA ROAD |
| 17 Feb 2023 | £509,657 | £510,000 | 22 SABRINA ROAD |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 1 Aug 2018. Using an estimated price of £432,344 means this house is valued at £2,941 per sq meter (£273 per sq foot).
The average size of a house on HEATH HILL ROAD is 177 sq meters (1,906 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Heath Hill Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Quail Green |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Pattingham Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Pattingham Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Castlecroft Lane |