£117,550
This estimated value is based upon the latest sale price for the house of £99,000 on 30 Sep 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £99,000 | 30 Sep 2020 |
| £75,000 | 9 Jan 2015 |
| £35,000 | 5 Nov 1999 |
| £36,950 | 31 Mar 1995 |
| Terraced |
| Freehold |
| Floor Area: 47 sq meters or 505 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 2020 the House Price Index for WEST MIDLANDS was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £99,000 results in an estimated price of approximately £117,550.
| 30 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £99,000 | £18,550 | £117,550 |
The Postcode Pricing Model uses changes in average sales price within the DY4 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 | 6.007 % | £5,946 | £104,946 |
| 3 Month Average | -10.781 % | £-10,673 | £88,326 |
| 6 Month Average | 2.311 % | £2,287 | £101,287 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £62,932 | £62,000 | 30 WORDSWORTH CLOSE |
| 24 Jul 2023 | £177,387 | £175,000 | 61 UPPER CHURCH LANE |
| 7 Jul 2023 | £182,456 | £180,000 | 1 SALTER ROAD |
| 21 Jun 2023 | £190,305 | £188,000 | 5 LICHFIELD STREET |
| 18 Jul 2022 | £81,219 | £81,000 | 123 SWANCROFT ROAD |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 28 Jan 2015. Using an estimated price of £117,551 means this house is valued at £2,501 per sq meter (£232 per sq foot).
The average size of a house on WORDSWORTH CLOSE is 48 sq meters (527 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Wordsworth Close |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Wordsworth Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Summerhill Road |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Summerhill Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Summerhill Road |