£224,586
This estimated value is based upon the latest sale price for the house of £150,000 on 14 Nov 2014. 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 | 14 Nov 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 November 2014 the House Price Index for WEST MIDLANDS was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £150,000 results in an estimated price of approximately £224,586.
| 14 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £150,000 | £74,586 | £224,586 |
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 | 51.092 % | £76,638 | £226,638 |
| 3 Month Average | 41.290 % | £61,935 | £211,935 |
| 6 Month Average | 41.135 % | £61,702 | £211,702 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £178,857 | £176,450 | 19 CASTLEFORT ROAD |
| 8 Feb 2023 | £159,892 | £160,000 | 33 FORT CRESCENT |
| 2 Sep 2022 | £371,996 | £375,000 | 96 CASTLE ROAD |
| 24 Aug 2022 | £299,145 | £299,950 | 50 CASTLE ROAD |
| 30 Jun 2022 | £330,166 | £325,500 | 92 CASTLE ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 9 Jul 2014. Using an estimated price of £224,586 means this house is valued at £2,842 per sq meter (£264 per sq foot).
The average size of a house on CASTLE ROAD is 96 sq meters (1,040 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Porchester Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Porchester Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Castlefort Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Link Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fort Crescent |