£533,708
This estimated value is based upon the latest sale price for the house of £300,000 on 15 Dec 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £300,000 | 15 Dec 2005 |
| Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,431 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 December 2005 the House Price Index for WEST MIDLANDS was 82.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 77.903%.Applying this 77.903% change to the original purchase price of £300,000 results in an estimated price of approximately £533,708.
| 15 Dec 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 146.7 | 77.903 % | £300,000 | £233,708 | £533,708 |
The Postcode Pricing Model uses changes in average sales price within the B74 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 | 39.294 % | £117,881 | £417,881 |
| 3 Month Average | 29.403 % | £88,208 | £388,208 |
| 6 Month Average | 37.761 % | £113,283 | £413,283 |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 20 Aug 2018.
The average size of a house on WALSALL ROAD is 128 sq meters (1,381 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Cherrywood Way |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Cherrywood Way |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Jervis Park |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Jervis Park |
| Mar 2024 | Burglary | Under investigation | On or near Walsall Road |