£299,346
This estimated value is based upon the latest sale price for the house of £199,950 on 3 Oct 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £199,950 | 3 Oct 2014 |
| £84,000 | 29 Mar 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 October 2014 the House Price Index for WEST MIDLANDS was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £199,950 results in an estimated price of approximately £299,346.
| 3 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £199,950 | £99,396 | £299,346 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | 43.611 % | £87,199 | £287,149 |
| 3 Month Average | 10.823 % | £21,641 | £221,591 |
| 6 Month Average | 12.149 % | £24,291 | £224,241 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £378,310 | £375,000 | 54 WYCHBURY ROAD |
| 14 Jul 2023 | £299,025 | £295,000 | 70 WYCHBURY ROAD |
| 16 Jan 2023 | £258,781 | £260,000 | 41 FINCHFIELD LANE |
| 11 Jan 2023 | £220,959 | £222,000 | 25 FINCHFIELD LANE |
| 26 Aug 2022 | £284,235 | £285,000 | 55 FINCHFIELD LANE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 19 Apr 2012. Using an estimated price of £299,346 means this house is valued at £2,878 per sq meter (£267 per sq foot).
The average size of a house on FINCHFIELD LANE is 121 sq meters (1,308 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Woodland Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodland Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodland Road |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Trysull Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Telford Gardens |