£174,189
This estimated value is based upon the latest sale price for the house of £141,000 on 22 Mar 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £141,000 | 22 Mar 2019 |
| Terraced |
| 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 March 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £141,000 results in an estimated price of approximately £174,189.
| 22 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £141,000 | £33,189 | £174,189 |
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 | 26.530 % | £37,407 | £178,407 |
| 3 Month Average | 34.779 % | £49,038 | £190,038 |
| 6 Month Average | 36.473 % | £51,426 | £192,426 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £268,982 | £265,000 | 543 CANNOCK ROAD |
| 29 Nov 2022 | £113,303 | £114,675 | 19 WARREN AVENUE |
| 15 Jul 2022 | £220,594 | £220,000 | 571 CANNOCK ROAD |
| 12 May 2022 | £183,457 | £180,000 | 446 CANNOCK ROAD |
| 21 Jan 2022 | £195,748 | £186,000 | 20 MANDALE ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 26 Sep 2018. Using an estimated price of £174,190 means this house is valued at £2,098 per sq meter (£194 per sq foot).
The average size of a house on MANDALE ROAD is 95 sq meters (1,029 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Lambert Road |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lambert Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lambert Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Eastcote Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Eastcote Road |