£288,265
This estimated value is based upon the latest sale price for the house of £207,000 on 3 Nov 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £207,000 | 3 Nov 2015 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 2015 the House Price Index for WEST MIDLANDS was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £207,000 results in an estimated price of approximately £288,265.
| 3 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £207,000 | £81,265 | £288,265 |
The Postcode Pricing Model uses changes in average sales price within the DY6 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 | -36.921 % | £-76,427 | £130,572 |
| 3 Month Average | 21.448 % | £44,397 | £251,397 |
| 6 Month Average | 32.939 % | £68,184 | £275,184 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £235,994 | £232,500 | 7 DUDLEY ROAD |
| 4 Sep 2023 | £405,181 | £400,000 | 50 DAWLEY ROAD |
| 21 Apr 2023 | £267,884 | £265,000 | 40 LAMBERT COURT |
| 10 Dec 2021 | £262,487 | £245,000 | 38 LAMBERT COURT |
| 22 Oct 2021 | £232,360 | £210,000 | 136 MOSS GROVE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 24 Mar 2015. Using an estimated price of £288,265 means this house is valued at £2,745 per sq meter (£255 per sq foot).
The average size of a house on WOLVERHAMPTON ROAD is 119 sq meters (1,282 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near New Dudley Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Corrin Grove |
| Feb 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Supermarket |