£118,535
This estimated value is based upon the latest sale price for the house of £110,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £110,000 | 30 Sep 2021 |
| £53,500 | 26 Jul 2002 |
| £16,500 | 12 Jul 2001 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £110,000 results in an estimated price of approximately £118,535.
| 30 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £110,000 | £8,535 | £118,535 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | 8.156 % | £8,971 | £118,971 |
| 3 Month Average | -9.729 % | £-10,701 | £99,298 |
| 6 Month Average | -8.181 % | £-8,998 | £101,001 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2023 | £101,088 | £100,000 | 119 BLOXWICH LANE |
| 17 Mar 2023 | £172,626 | £171,000 | 28 TELFORD ROAD |
| 25 Nov 2022 | £142,277 | £144,000 | 80 BLOXWICH LANE |
| 10 Oct 2022 | £133,562 | £135,000 | 159 BLOXWICH LANE |
| 26 Aug 2022 | £162,562 | £163,000 | 30 NAPIER ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 11 Jan 2019. Using an estimated price of £118,535 means this house is valued at £1,623 per sq meter (£150 per sq foot).
The average size of a house on BLOXWICH LANE is 92 sq meters (990 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Telford Road |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Telford Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Telford Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Telford Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Telford Road |