£176,316
This estimated value is based upon the latest sale price for the house of £120,000 on 30 Apr 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £120,000 | 30 Apr 2015 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 April 2015 the House Price Index for WEST MIDLANDS was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £120,000 results in an estimated price of approximately £176,316.
| 30 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 148.6 | 46.930 % | £120,000 | £56,316 | £176,316 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 122.834 % | £147,401 | £267,401 |
| 3 Month Average | 52.786 % | £63,342 | £183,342 |
| 6 Month Average | 42.399 % | £50,878 | £170,878 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £192,348 | £189,500 | 42 CORNWALL ROAD |
| 7 Sep 2023 | £339,339 | £335,000 | 60 REGIS ROAD |
| 13 Apr 2023 | £151,633 | £150,000 | 40 CORNWALL ROAD |
| 31 Jan 2023 | £169,203 | £170,000 | 35 CORNWALL ROAD |
| 27 Jan 2023 | £159,250 | £160,000 | 28 CORNWALL ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 25 Feb 2015. Using an estimated price of £176,316 means this house is valued at £2,260 per sq meter (£210 per sq foot).
The average size of a house on CORNWALL ROAD is 76 sq meters (826 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cornwall Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cornwall Road |
| Jan 2024 | Robbery | Under investigation | On or near Regis Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Dovecote Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dovecote Close |