£294,473
This estimated value is based upon the latest sale price for the house of £57,950 on 31 Jul 1997. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£57,950 | 31 Jul 1997 |
Semi-Detached |
Freehold |
Floor Area: 83 sq meters or 893 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 July 1997 the House Price Index for WEST MIDLANDS was 29.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 408.152%.Applying this 408.152% change to the original purchase price of £57,950 results in an estimated price of approximately £294,473.
31 Jul 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.2 | 148.6 | 408.152 % | £57,950 | £236,523 | £294,473 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 505.161 % | £292,740 | £350,690 |
3 Month Average | 286.686 % | £166,134 | £224,084 |
6 Month Average | 313.071 % | £181,424 | £239,374 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £248,004 | £245,000 | 36 VIADUCT DRIVE |
31 Oct 2022 | £192,923 | £195,000 | 33 THE CHASE |
21 Jun 2022 | £233,297 | £230,000 | 1 VIADUCT DRIVE |
5 Apr 2022 | £98,380 | £95,533 | 55 VIADUCT DRIVE |
10 Dec 2021 | £179,991 | £168,000 | 126 GORSEBROOK ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 6 Mar 2014. Using an estimated price of £294,474 means this house is valued at £3,547 per sq meter (£329 per sq foot).
The average size of a house on VIADUCT DRIVE is 81 sq meters (881 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Viaduct Drive |
Jan 2024 | Other theft | Unable to prosecute suspect | On or near Viaduct Drive |
Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Shetland Close |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Shetland Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near The Chase |