£240,822
This estimated value is based upon the latest sale price for the house of £160,000 on 26 Sep 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£160,000 | 26 Sep 2014 |
Semi-Detached |
Freehold |
Floor Area: 80 sq meters or 861 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 September 2014 the House Price Index for WEST MIDLANDS was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £160,000 results in an estimated price of approximately £240,822.
26 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.7 | 148.6 | 50.514 % | £160,000 | £80,822 | £240,822 |
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 | -17.019 % | £-27,229 | £132,770 |
3 Month Average | 25.003 % | £40,004 | £200,004 |
6 Month Average | 31.293 % | £50,068 | £210,068 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Jul 2023 | £202,729 | £200,000 | 6 MITCHELL ROAD |
11 Jan 2023 | £183,137 | £184,000 | 32 MADELEY ROAD |
11 Oct 2022 | £251,294 | £254,000 | 58 RANGEWAYS ROAD |
6 Oct 2022 | £178,083 | £180,000 | 3 FREELAND GROVE |
14 Apr 2022 | £199,781 | £194,000 | 11 FREELAND GROVE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 4 Jul 2013. Using an estimated price of £240,822 means this house is valued at £3,010 per sq meter (£279 per sq foot).
The average size of a house on RANGEWAYS ROAD is 80 sq meters (862 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Andover Crescent |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Madeley Road |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Madeley Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Madeley Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Madeley Road |