£264,864
This estimated value is based upon the latest sale price for the house of £193,000 on 29 Jan 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £193,000 | 29 Jan 2016 |
| £201,500 | 19 Dec 2005 |
| £82,000 | 26 Sep 1997 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 919 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 January 2016 the House Price Index for WEST MIDLANDS was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £193,000 results in an estimated price of approximately £264,864.
| 29 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £193,000 | £71,864 | £264,864 |
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 | 106.819 % | £206,159 | £399,159 |
| 3 Month Average | 43.995 % | £84,911 | £277,911 |
| 6 Month Average | 40.418 % | £78,006 | £271,006 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £182,405 | £179,950 | FLAT 18 BEWICK COURT THE HOLLOWAY |
| 29 Jun 2023 | £125,014 | £123,500 | 4 CYGNET CLOSE |
| 24 Mar 2023 | £120,132 | £119,000 | 127 BRIDGNORTH ROAD |
| 20 Feb 2023 | £305,295 | £305,500 | 6 BRIDGNORTH ROAD |
| 7 Oct 2022 | £321,538 | £325,000 | FLAT 5 THE BOATYARD, 8 BRIDGNORTH ROAD |
This house has a floor area of 85 sq meters or 919 sq feet when measured on 16 Nov 2010. Using an estimated price of £264,864 means this house is valued at £3,100 per sq meter (£288 per sq foot).
The average size of a house on THE HOLLOWAY is 135 sq meters (1,457 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cygnet Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cygnet Close |
| Feb 2024 | Shoplifting | Unable to prosecute suspect | On or near Cygnet Close |
| Feb 2024 | Shoplifting | Unable to prosecute suspect | On or near Cygnet Close |
| Jan 2024 | Shoplifting | Unable to prosecute suspect | On or near Cygnet Close |