£164,767
This estimated value is based upon the latest sale price for the house of £160,000 on 1 Apr 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £160,000 | 1 Apr 2022 |
| £41,000 | 16 Oct 1998 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 April 2022 the House Price Index for WEST MIDLANDS was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £160,000 results in an estimated price of approximately £164,767.
| 1 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £160,000 | £4,767 | £164,767 |
The Postcode Pricing Model uses changes in average sales price within the WS5 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 | -21.805 % | £-34,888 | £125,111 |
| 3 Month Average | -0.043 % | £-69 | £159,930 |
| 6 Month Average | -2.528 % | £-4,045 | £155,954 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £212,720 | £210,000 | 235 WOODRUFF WAY |
| 6 Apr 2022 | £216,258 | £210,000 | 243 WOODRUFF WAY |
| 1 Apr 2022 | £164,768 | £160,000 | 205 WOODRUFF WAY |
| 4 Feb 2022 | £179,327 | £171,000 | 225 WOODRUFF WAY |
| 30 Sep 2021 | £204,743 | £190,000 | 44 MISTLETOE DRIVE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 27 Oct 2021. Using an estimated price of £164,768 means this house is valued at £2,942 per sq meter (£273 per sq foot).
The average size of a house on WOODRUFF WAY is 87 sq meters (940 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lonicera Close |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Hedera Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Mistletoe Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mistletoe Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Pennyroyal Close |