£183,185
This estimated value is based upon the latest sale price for the house of £169,995 on 24 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 |
---|---|
£169,995 | 24 Sep 2021 |
£70,000 | 18 Jun 2004 |
Semi-Detached |
Freehold |
Floor Area: 84 sq meters or 904 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 £169,995 results in an estimated price of approximately £183,185.
24 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 148.6 | 7.759 % | £169,995 | £13,190 | £183,185 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | -5.899 % | £-10,028 | £159,966 |
3 Month Average | -7.865 % | £-13,369 | £156,625 |
6 Month Average | 4.218 % | £7,170 | £177,165 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £197,930 | £195,000 | 20 THORNLEY ROAD |
17 Nov 2023 | £218,231 | £215,000 | 13 THORNLEY ROAD |
17 Nov 2023 | £228,381 | £225,000 | 2 PALMER CLOSE |
15 Sep 2023 | £192,461 | £190,000 | 14 THORNLEY ROAD |
19 Apr 2023 | £283,048 | £280,000 | 4A PARKER ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 15 Jun 2021. Using an estimated price of £183,185 means this house is valued at £2,180 per sq meter (£202 per sq foot).
The average size of a house on PALMER CLOSE is 109 sq meters (1,178 sq feet).
This house is the largest in the street with a floor area of 84 sq meters (904 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Thornley Road |
Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Kitchen Lane |
Mar 2024 | Vehicle crime | Under investigation | On or near Kitchen Lane |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kitchen Lane |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kitchen Lane |