£122,140
This estimated value is based upon the latest sale price for the house of £79,000 on 21 May 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £79,000 | 21 May 2014 |
| £65,000 | 16 Sep 2011 |
| £69,000 | 17 Dec 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 May 2014 the House Price Index for WEST MIDLANDS was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £79,000 results in an estimated price of approximately £122,140.
| 21 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £79,000 | £43,140 | £122,140 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 53.069 % | £41,924 | £120,924 |
| 3 Month Average | 66.743 % | £52,726 | £131,726 |
| 6 Month Average | 74.223 % | £58,636 | £137,636 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jul 2023 | £77,037 | £76,000 | 58 STRATTON STREET |
| 7 Jul 2023 | £116,569 | £115,000 | 8 STRATTON STREET |
| 24 Mar 2023 | £90,856 | £90,000 | 37 SWINFORD ROAD |
| 17 Mar 2023 | £131,236 | £130,000 | 43 STRATTON STREET |
| 29 Sep 2022 | £178,558 | £180,000 | 156 PROSSER STREET |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 19 Jul 2016. Using an estimated price of £122,141 means this house is valued at £1,090 per sq meter (£101 per sq foot).
The average size of a house on SILVERDALE DRIVE is 138 sq meters (1,491 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Swinford Road |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Swinford Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Swinford Road |
| Mar 2024 | Robbery | Under investigation | On or near Swinford Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Swinford Road |