£197,491
This estimated value is based upon the latest sale price for the house of £117,000 on 1 Feb 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£117,000 | 1 Feb 2013 |
£65,950 | 25 May 2001 |
£54,000 | 15 Oct 1999 |
Semi-Detached |
Freehold |
Floor Area: 71 sq meters or 764 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 February 2013 the House Price Index for WEST MIDLANDS was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.796%.Applying this 68.796% change to the original purchase price of £117,000 results in an estimated price of approximately £197,491.
1 Feb 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.0 | 148.6 | 68.796 % | £117,000 | £80,491 | £197,491 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 51.326 % | £60,051 | £177,051 |
3 Month Average | 68.506 % | £80,151 | £197,151 |
6 Month Average | 78.415 % | £91,745 | £208,745 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £203,562 | £200,000 | 3 WHEATON CLOSE |
3 Nov 2023 | £233,456 | £230,000 | 28 GREEN DRIVE |
30 Aug 2023 | £166,456 | £165,000 | 15 MANOR ROAD |
21 Jul 2023 | £191,578 | £189,000 | 269 STAFFORD ROAD |
29 Jun 2023 | £160,950 | £159,000 | 37 GREEN DRIVE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 21 Aug 2014. Using an estimated price of £197,491 means this house is valued at £2,781 per sq meter (£258 per sq foot).
The average size of a house on GREEN DRIVE is 90 sq meters (971 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Other theft | Under investigation | On or near Green Drive |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Green Drive |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Wheaton Close |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Wheaton Close |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Wheaton Close |