£266,745
This estimated value is based upon the latest sale price for the house of £47,500 on 15 Sep 1995. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Davis Road
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Price Paid | Date |
---|---|
£47,500 | 15 Sep 1995 |
Terraced |
Freehold |
Floor Area: 83 sq meters or 893 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 1995 the House Price Index for WEST MIDLANDS was 26.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 461.569%.Applying this 461.569% change to the original purchase price of £47,500 results in an estimated price of approximately £266,745.
15 Sep 1995 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.1 | 146.7 | 461.569 % | £47,500 | £219,245 | £266,745 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 393.900 % | £187,102 | £234,602 |
3 Month Average | 300.169 % | £142,580 | £190,080 |
6 Month Average | 273.956 % | £130,128 | £177,628 |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 21 Aug 2015.
The average size of a house on DAVIS ROAD is 106 sq meters (1,151 sq feet).
This house is the smallest in the street with a floor area of 83 sq meters (893 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Under investigation | On or near Davis Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stretton Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stretton Road |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Stretton Road |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Stretton Road |