£187,973
This estimated value is based upon the latest sale price for the house of £148,000 on 4 Aug 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £148,000 | 4 Aug 2017 |
| £95,000 | 26 Jun 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2017 the House Price Index for WEST MIDLANDS was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £148,000 results in an estimated price of approximately £187,973.
| 4 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £148,000 | £39,973 | £187,973 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 17.794 % | £26,334 | £174,334 |
| 3 Month Average | 32.386 % | £47,931 | £195,931 |
| 6 Month Average | 34.395 % | £50,904 | £198,904 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £151,324 | £150,000 | UNIT 7 SPRING ROAD INDUSTRIAL ESTATE |
| 25 Apr 2023 | £283,048 | £280,000 | 3 DUNSFOLD CLOSE |
| 3 Apr 2023 | £202,177 | £200,000 | 10 COURT ROAD |
| 17 Feb 2023 | £182,377 | £182,500 | 4 DRESDEN CLOSE |
| 24 Nov 2022 | £129,432 | £131,000 | 95 SPRING ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 21 Jan 2014. Using an estimated price of £187,973 means this house is valued at £2,320 per sq meter (£215 per sq foot).
The average size of a house on DOCK MEADOW DRIVE is 88 sq meters (954 sq feet).
This house is the largest in the street with a floor area of 81 sq meters (871 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Court Road |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Court Road |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Court Road |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Lanesfield Drive |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Dresden Close |