£98,984
This estimated value is based upon the latest sale price for the house of £72,000 on 20 Nov 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 Pound Road
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| Price Paid | Date |
|---|---|
| £72,000 | 20 Nov 2015 |
| £105,000 | 16 Jun 2006 |
| £57,000 | 6 Jun 2003 |
| £31,000 | 14 Nov 1997 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 November 2015 the House Price Index for WEST MIDLANDS was 106.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 37.478%.Applying this 37.478% change to the original purchase price of £72,000 results in an estimated price of approximately £98,984.
| 20 Nov 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 146.7 | 37.478 % | £72,000 | £26,984 | £98,984 |
The Postcode Pricing Model uses changes in average sales price within the WS10 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 | 64.587 % | £46,502 | £118,502 |
| 3 Month Average | 16.032 % | £11,543 | £83,543 |
| 6 Month Average | 66.875 % | £48,150 | £120,150 |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 13 May 2018.
The average size of a house on POUND ROAD is 87 sq meters (945 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Pound Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Pound Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Pound Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Pound Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Place |