£171,500
This estimated value is based upon the latest sale price for the house of £170,000 on 25 Aug 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £170,000 | 25 Aug 2023 |
| £112,500 | 23 Nov 2017 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 2023 the House Price Index for WEST MIDLANDS was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £170,000 results in an estimated price of approximately £171,500.
| 25 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £170,000 | £1,500 | £171,500 |
The Postcode Pricing Model uses changes in average sales price within the DY9 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 | 30.504 % | £51,857 | £221,857 |
| 3 Month Average | 2.407 % | £4,091 | £174,091 |
| 6 Month Average | 2.863 % | £4,866 | £174,866 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £227,914 | £225,000 | 28 DOBBINS OAK ROAD |
| 4 Sep 2023 | £222,849 | £220,000 | 74 QUEENSWAY |
| 1 Sep 2023 | £212,720 | £210,000 | 21 FARMCROFT ROAD |
| 25 Aug 2023 | £171,500 | £170,000 | 42 QUEENSWAY |
| 21 Jul 2023 | £179,922 | £177,500 | 31 HOB GREEN ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 10 Oct 2017. Using an estimated price of £171,500 means this house is valued at £2,638 per sq meter (£245 per sq foot).
The average size of a house on QUEENSWAY is 93 sq meters (1,006 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Queensway | |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Queensway |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Queensway |
| Mar 2024 | Anti-social behaviour | On or near Queensway | |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Queensway |