£308,191
This estimated value is based upon the latest sale price for the house of £286,000 on 28 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £286,000 | 28 Sep 2021 |
| £183,500 | 14 Jan 2005 |
| £65,000 | 11 Aug 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 148 sq meters or 1,593 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 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £286,000 results in an estimated price of approximately £308,191.
| 28 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £286,000 | £22,191 | £308,191 |
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 | -12.225 % | £-34,964 | £251,035 |
| 3 Month Average | -26.499 % | £-75,786 | £210,213 |
| 6 Month Average | -18.765 % | £-53,667 | £232,332 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £301,052 | £297,000 | 6 DIANE CLOSE |
| 2 Jun 2023 | £192,330 | £190,000 | 8 LESLIE DRIVE |
| 21 Apr 2023 | £308,320 | £305,000 | 14 ELIZABETH WALK |
| 22 Feb 2023 | £234,842 | £235,000 | 8 ELIZABETH WALK |
| 30 Jan 2023 | £266,246 | £267,500 | 4 ELIZABETH WALK |
This house has a floor area of 148 sq meters or 1,593 sq feet when measured on 14 Aug 2021. Using an estimated price of £308,191 means this house is valued at £2,082 per sq meter (£193 per sq foot).
The average size of a house on BILSTON ROAD is 84 sq meters (911 sq feet).
This house is the largest in the street with a floor area of 148 sq meters (1,593 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bartlett Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Graham Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Elizabeth Walk |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jackson Close |
| Feb 2024 | Other crime | Local resolution | On or near Jackson Close |