£181,914
This estimated value is based upon the latest sale price for the house of £121,500 on 25 Nov 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £121,500 | 25 Nov 2014 |
| £48,000 | 2 Jul 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2014 the House Price Index for WEST MIDLANDS was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £121,500 results in an estimated price of approximately £181,914.
| 25 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £121,500 | £60,414 | £181,914 |
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 | 83.609 % | £101,585 | £223,085 |
| 3 Month Average | 47.727 % | £57,988 | £179,488 |
| 6 Month Average | 41.780 % | £50,762 | £172,262 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £192,348 | £189,500 | 42 CORNWALL ROAD |
| 24 Aug 2023 | £174,527 | £173,000 | 2 NORTHDALE |
| 14 Apr 2023 | £181,959 | £180,000 | 16 REGINA CRESCENT |
| 13 Apr 2023 | £151,633 | £150,000 | 40 CORNWALL ROAD |
| 27 Jan 2023 | £159,250 | £160,000 | 28 CORNWALL ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 24 Apr 2013. Using an estimated price of £181,915 means this house is valued at £2,425 per sq meter (£225 per sq foot).
The average size of a house on REGINA CRESCENT is 75 sq meters (810 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Regina Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Regina Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Regina Crescent |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Regina Crescent |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Woodhouse Road North |