£77,591
This estimated value is based upon the latest sale price for the house of £48,999 on 21 Feb 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £48,999 | 21 Feb 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 February 2014 the House Price Index for WEST MIDLANDS was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £48,999 results in an estimated price of approximately £77,591.
| 21 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £48,999 | £28,592 | £77,591 |
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 | -5.450 % | £-2,670 | £46,328 |
| 3 Month Average | 67.554 % | £33,100 | £82,099 |
| 6 Month Average | 46.787 % | £22,925 | £71,924 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jun 2023 | £233,326 | £230,500 | 86 CHAPEL STREET |
| 6 Jun 2023 | £455,518 | £450,000 | 52 LAWNSWOOD ROAD |
| 17 Jun 2022 | £314,444 | £310,000 | 58 CHAPEL STREET |
| 25 Mar 2022 | £197,926 | £191,000 | 24A NEW STREET |
| 4 Mar 2022 | £186,475 | £179,950 | 59 LAWNSWOOD ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 21 Feb 2013. Using an estimated price of £77,591 means this house is valued at £1,212 per sq meter (£112 per sq foot).
The average size of a house on WORDSLEY GREEN SHOPPING CENTRE is 96 sq meters (1,038 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Parking Area |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near The Green | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |