£122,534
This estimated value is based upon the latest sale price for the house of £93,000 on 9 Nov 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £93,000 | 9 Nov 2016 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2016 the House Price Index for WEST MIDLANDS was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £93,000 results in an estimated price of approximately £122,534.
| 9 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £93,000 | £29,534 | £122,534 |
The Postcode Pricing Model uses changes in average sales price within the DY4 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 | -10.004 % | £-9,303 | £83,696 |
| 3 Month Average | 2.376 % | £2,209 | £95,209 |
| 6 Month Average | 13.480 % | £12,536 | £105,536 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Oct 2022 | £173,724 | £175,595 | 46 BRIDGE ROAD |
| 23 Sep 2022 | £198,398 | £200,000 | 230 POWIS AVENUE |
| 8 Jul 2022 | £160,933 | £160,500 | 127 POWIS AVENUE |
| 25 Feb 2022 | £157,304 | £150,000 | 69 POWIS AVENUE |
| 17 Feb 2022 | £104,869 | £100,000 | 13 NOCK STREET |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 15 Sep 2016. Using an estimated price of £122,535 means this house is valued at £1,591 per sq meter (£147 per sq foot).
The average size of a house on WOODARD ROAD is 90 sq meters (977 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Woodard Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodard Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodard Road |
| Jan 2024 | Robbery | Under investigation | On or near Woodard Road |
| Jan 2024 | Robbery | Under investigation | On or near Woodard Road |