£84,484
This estimated value is based upon the latest sale price for the house of £57,500 on 17 Apr 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Furnace Parade
More crime details
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| Price Paid | Date |
|---|---|
| £57,500 | 17 Apr 2015 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2015 the House Price Index for WEST MIDLANDS was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £57,500 results in an estimated price of approximately £84,484.
| 17 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 148.6 | 46.930 % | £57,500 | £26,984 | £84,484 |
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 | 34.194 % | £19,661 | £77,161 |
| 3 Month Average | 14.771 % | £8,493 | £65,993 |
| 6 Month Average | 34.025 % | £19,564 | £77,064 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £192,855 | £190,000 | 31 WOOD STREET |
| 27 Sep 2023 | £98,256 | £97,000 | 52 RUGELEY CLOSE |
| 18 Aug 2023 | £80,706 | £80,000 | 32 MYTTON GROVE |
| 20 Jan 2023 | £172,189 | £173,000 | 19 FACTORY ROAD |
| 14 Nov 2022 | £89,417 | £90,500 | 46 MYTTON GROVE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 11 Dec 2014. Using an estimated price of £84,485 means this house is valued at £1,069 per sq meter (£99 per sq foot).
The average size of a house on FURNACE PARADE is 106 sq meters (1,150 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Furnace Parade |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Furnace Parade |
| Mar 2024 | Burglary | Under investigation | On or near Furnace Parade |
| Feb 2024 | Anti-social behaviour | On or near Furnace Parade | |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Furnace Parade |