£251,877
This estimated value is based upon the latest sale price for the house of £124,995 on 10 May 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £124,995 | 10 May 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 2004 the House Price Index for WEST MIDLANDS was 73.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 101.510%.Applying this 101.510% change to the original purchase price of £124,995 results in an estimated price of approximately £251,877.
| 10 May 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 148.6 | 101.510 % | £124,995 | £126,882 | £251,877 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 139.491 % | £174,356 | £299,351 |
| 3 Month Average | 77.848 % | £97,305 | £222,300 |
| 6 Month Average | 81.388 % | £101,730 | £226,725 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £283,048 | £280,000 | 67 SCHOOL ROAD |
| 16 Feb 2023 | £206,861 | £207,000 | 20 WOODEND PLACE |
| 29 Jul 2022 | £240,648 | £240,000 | 12 PENK RISE |
| 19 May 2022 | £204,860 | £201,000 | 46 SCHOOL ROAD |
| 1 Dec 2021 | £179,456 | £167,500 | 68 SCHOOL ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 9 Feb 2015. Using an estimated price of £251,877 means this house is valued at £3,314 per sq meter (£307 per sq foot).
The average size of a house on PENK RISE is 91 sq meters (985 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Penk Rise |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodend Place |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near School Road |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near School Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodhouse Road |