£283,615
This estimated value is based upon the latest sale price for the house of £165,000 on 20 Jan 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £165,000 | 20 Jan 2012 |
| £197,000 | 3 Dec 2007 |
| £177,500 | 5 Nov 2003 |
| Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 2012 the House Price Index for WEST MIDLANDS was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.888%.Applying this 71.888% change to the original purchase price of £165,000 results in an estimated price of approximately £283,615.
| 20 Jan 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 148.6 | 71.888 % | £165,000 | £118,615 | £283,615 |
The Postcode Pricing Model uses changes in average sales price within the B28 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 | 48.819 % | £80,550 | £245,550 |
| 3 Month Average | 35.591 % | £58,724 | £223,724 |
| 6 Month Average | 64.790 % | £106,902 | £271,902 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £262,595 | £258,000 | 19 WOODVALE ROAD |
| 12 Dec 2023 | £244,274 | £240,000 | 61 WOODVALE ROAD |
| 16 Nov 2023 | £215,693 | £212,500 | 16 WOODVALE ROAD |
| 29 Sep 2023 | £403,155 | £398,000 | 10 BARTON LODGE ROAD |
| 2 Jun 2023 | £313,801 | £310,000 | 22 BARTON LODGE ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 10 Mar 2020. Using an estimated price of £283,615 means this house is valued at £4,170 per sq meter (£387 per sq foot).
The average size of a house on WOODVALE DRIVE is 120 sq meters (1,293 sq feet).
This house is the smallest in the street with a floor area of 68 sq meters (731 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morris Field Croft |
| Dec 2023 | Anti-social behaviour | On or near Morris Field Croft | |
| Dec 2023 | Anti-social behaviour | On or near Morris Field Croft | |
| Dec 2023 | Anti-social behaviour | On or near Morris Field Croft | |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Morris Field Croft |