£188,027
This estimated value is based upon the latest sale price for the house of £120,000 on 15 Feb 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £120,000 | 15 Feb 2008 |
| £113,500 | 16 Sep 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 February 2008 the House Price Index for WEST MIDLANDS was 94.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.689%.Applying this 56.689% change to the original purchase price of £120,000 results in an estimated price of approximately £188,027.
| 15 Feb 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.8 | 148.6 | 56.689 % | £120,000 | £68,027 | £188,027 |
The Postcode Pricing Model uses changes in average sales price within the WV2 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 | 91.834 % | £110,200 | £230,200 |
| 3 Month Average | 42.864 % | £51,436 | £171,436 |
| 6 Month Average | 46.445 % | £55,734 | £175,734 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £182,331 | £180,000 | 19 STANFORD ROAD |
| 31 Mar 2023 | £164,550 | £163,000 | 1 FELLOWS STREET |
| 9 Sep 2022 | £148,798 | £150,000 | 9 MILFORD ROAD |
| 14 Apr 2022 | £164,768 | £160,000 | 12 MILFORD ROAD |
| 14 Jan 2022 | £134,708 | £128,000 | 16 MILFORD ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 13 Oct 2016. Using an estimated price of £188,027 means this house is valued at £1,880 per sq meter (£174 per sq foot).
The average size of a house on SELWYN CLOSE is 120 sq meters (1,298 sq feet).
This house is the largest in the street with a floor area of 100 sq meters (1,076 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Selwyn Close |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Selwyn Close |
| Dec 2023 | Burglary | Offender given a caution | On or near Milford Road |
| Feb 2024 | Anti-social behaviour | On or near Lower Villiers Street | |
| Feb 2024 | Anti-social behaviour | On or near Lower Villiers Street |