£310,102
This estimated value is based upon the latest sale price for the house of £252,000 on 9 Aug 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £252,000 | 9 Aug 2019 |
| £170,000 | 6 Jan 2017 |
| £160,000 | 28 Oct 2016 |
| Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 August 2019 the House Price Index for WEST MIDLANDS was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £252,000 results in an estimated price of approximately £310,102.
| 9 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £252,000 | £58,102 | £310,102 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 19.617 % | £49,434 | £301,434 |
| 3 Month Average | 22.041 % | £55,543 | £307,543 |
| 6 Month Average | 28.936 % | £72,917 | £324,917 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £285,000 | £285,000 | 9 ROSEMARY CRESCENT WEST |
| 30 Nov 2023 | £203,005 | £200,000 | 10 ROSEMARY CRESCENT WEST |
| 14 Jul 2023 | £304,093 | £300,000 | 19 ROSEMARY CRESCENT WEST |
| 12 Jun 2023 | £240,918 | £238,000 | 102 ROSEMARY CRESCENT WEST |
| 25 May 2022 | £290,473 | £285,000 | 91 HIMLEY CRESCENT |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 11 Apr 2018. Using an estimated price of £310,102 means this house is valued at £2,403 per sq meter (£223 per sq foot).
The average size of a house on SUTHERLAND ROAD is 116 sq meters (1,252 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Rosemary Crescent West |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosemary Crescent West |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Rosemary Crescent West |
| Mar 2024 | Other crime | Under investigation | On or near Sutherland Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sutherland Road |