£286,311
This estimated value is based upon the latest sale price for the house of £280,000 on 29 Sep 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £280,000 | 29 Sep 2023 |
| £180,000 | 1 Aug 2016 |
| £195,000 | 22 Jun 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 2023 the House Price Index for WEST MIDLANDS was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £280,000 results in an estimated price of approximately £286,311.
| 29 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £280,000 | £6,311 | £286,311 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | 96.629 % | £270,561 | £550,561 |
| 3 Month Average | 2.641 % | £7,393 | £287,393 |
| 6 Month Average | 15.768 % | £44,151 | £324,151 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £286,311 | £280,000 | 139 COALWAY ROAD |
| 6 Feb 2023 | £395,140 | £392,500 | 6 HANBURY CRESCENT |
| 9 Jun 2022 | £245,242 | £240,000 | 141 WINDSOR AVENUE |
| 21 Apr 2022 | £342,349 | £330,000 | 108 COALWAY ROAD |
| 21 Jan 2022 | £265,050 | £250,000 | 172 WINDSOR AVENUE |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 21 May 2012. Using an estimated price of £286,311 means this house is valued at £2,675 per sq meter (£248 per sq foot).
The average size of a house on COALWAY ROAD is 118 sq meters (1,278 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Hanbury Crescent |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hanbury Crescent |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Worfield Gardens |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Worfield Gardens |
| Jul 2024 | Drugs | Action to be taken by another organisation | On or near Worfield Gardens |