£185,308
This estimated value is based upon the latest sale price for the house of £150,000 on 15 Mar 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £150,000 | 15 Mar 2019 |
| £110,250 | 26 Apr 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 March 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £150,000 results in an estimated price of approximately £185,308.
| 15 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £150,000 | £35,308 | £185,308 |
The Postcode Pricing Model uses changes in average sales price within the DY8 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 | -29.213 % | £-43,820 | £106,179 |
| 3 Month Average | 35.460 % | £53,189 | £203,189 |
| 6 Month Average | 22.967 % | £34,450 | £184,450 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £243,108 | £240,000 | 47 DORSET ROAD |
| 20 Jan 2023 | £243,851 | £245,000 | 36 CORNWALL ROAD |
| 8 Aug 2022 | £207,442 | £208,000 | 21 NORFOLK ROAD |
| 4 Feb 2022 | £180,375 | £172,000 | 43 DORSET ROAD |
| 19 Jan 2022 | £205,220 | £195,000 | 45 NORFOLK ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 11 Jul 2014. Using an estimated price of £185,308 means this house is valued at £2,014 per sq meter (£187 per sq foot).
The average size of a house on DORSET ROAD is 92 sq meters (999 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waveney Meadows |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Waveney Meadows |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Waveney Meadows |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waveney Meadows |