£199,566
This estimated value is based upon the latest sale price for the house of £47,000 on 18 Aug 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£47,000 | 18 Aug 1999 |
Semi-Detached |
Freehold |
Floor Area: 86 sq meters or 925 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 August 1999 the House Price Index for WEST MIDLANDS was 34.6.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 324.610%.Applying this 324.610% change to the original purchase price of £47,000 results in an estimated price of approximately £199,566.
18 Aug 1999 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
34.6 | 147.0 | 324.610 % | £47,000 | £152,566 | £199,566 |
The Postcode Pricing Model uses changes in average sales price within the WS3 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 | 85.465 % | £40,168 | £87,168 |
3 Month Average | 215.151 % | £101,120 | £148,120 |
6 Month Average | 236.167 % | £110,998 | £157,998 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £149,390 | £150,000 | 205 WOLVERHAMPTON ROAD |
27 Oct 2023 | £259,119 | £260,000 | 56 CLOCKMILL ROAD |
6 Oct 2023 | £234,203 | £235,000 | 245 WOLVERHAMPTON ROAD |
22 May 2023 | £230,157 | £230,000 | 2 CLOCKMILL ROAD |
19 May 2023 | £237,161 | £237,000 | 96 CLOCKMILL ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 20 May 2020. Using an estimated price of £199,567 means this house is valued at £2,320 per sq meter (£215 per sq foot).
The average size of a house on CLOCKMILL ROAD is 80 sq meters (865 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Clockmill Road |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Clockmill Road |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Clockmill Road |
Oct 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Clockmill Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Clockmill Avenue |