£44,292
This estimated value is based upon the latest sale price for the house of £10,000 on 27 May 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £10,000 | 27 May 1999 |
| Terraced |
| Freehold |
| Floor Area: 125 sq meters or 1,351 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 May 1999 the House Price Index for WEST MIDLANDS was 33.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 342.927%.Applying this 342.927% change to the original purchase price of £10,000 results in an estimated price of approximately £44,292.
| 27 May 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.5 | 148.6 | 342.927 % | £10,000 | £34,292 | £44,292 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 286.375 % | £28,637 | £38,637 |
| 3 Month Average | 322.063 % | £32,206 | £42,206 |
| 6 Month Average | 357.413 % | £35,741 | £45,741 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £134,216 | £132,500 | 153 SPRINGFIELD ROAD |
| 23 Mar 2023 | £85,808 | £85,000 | 129 SPRINGFIELD ROAD |
| 30 Sep 2022 | £223,198 | £225,000 | 85 SPRINGFIELD ROAD |
| 29 Jul 2022 | £180,486 | £180,000 | 54 LANGSETT ROAD |
| 6 Apr 2022 | £97,831 | £95,000 | 1 MONSAL AVENUE |
This house has a floor area of 125 sq meters or 1,351 sq feet when measured on 1 Sep 2010. Using an estimated price of £44,293 means this house is valued at £352 per sq meter (£32 per sq foot).
The average size of a house on SPRINGFIELD ROAD is 91 sq meters (988 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edensor Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edensor Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Springfield Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Monsal Avenue |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Monsal Avenue |