£182,442
This estimated value is based upon the latest sale price for the house of £125,000 on 26 May 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £125,000 | 26 May 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 May 2015 the House Price Index for WEST MIDLANDS was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £125,000 results in an estimated price of approximately £182,442.
| 26 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £125,000 | £57,442 | £182,442 |
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 | -15.637 % | £-19,545 | £105,454 |
| 3 Month Average | 46.243 % | £57,803 | £182,803 |
| 6 Month Average | 37.935 % | £47,418 | £172,418 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £162,404 | £160,000 | 15 BROOKLANDS |
| 20 Mar 2023 | £194,836 | £193,000 | 47 ALWEN STREET |
| 28 Oct 2022 | £215,678 | £218,000 | 27 BROOKLANDS |
| 26 Oct 2022 | £198,414 | £200,550 | 8 THE POPLARS |
| 26 Apr 2022 | £213,683 | £207,500 | 44 RIDGEWAY ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 13 Jan 2015. Using an estimated price of £182,442 means this house is valued at £2,400 per sq meter (£223 per sq foot).
The average size of a house on THE POPLARS is 86 sq meters (930 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Brierley Hill Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brierley Hill Road |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Brierley Hill Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Brierley Hill Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Weir Court |