£187,491
This estimated value is based upon the latest sale price for the house of £175,000 on 8 Dec 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £175,000 | 8 Dec 2021 |
| £143,995 | 3 Jun 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 December 2021 the House Price Index for WEST MIDLANDS was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £175,000 results in an estimated price of approximately £187,491.
| 8 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £175,000 | £12,491 | £187,491 |
The Postcode Pricing Model uses changes in average sales price within the WV2 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 | -55.602 % | £-97,303 | £77,696 |
| 3 Month Average | 16.681 % | £29,191 | £204,191 |
| 6 Month Average | -4.933 % | £-8,632 | £166,367 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £232,030 | £230,000 | 49 WILLCOCK ROAD |
| 27 Jan 2023 | £238,875 | £240,000 | 55 WILLCOCK ROAD |
| 19 May 2022 | £152,881 | £150,000 | 92 THOMPSON AVENUE |
| 3 Feb 2022 | £142,622 | £136,000 | 82 POND LANE |
| 8 Dec 2021 | £187,491 | £175,000 | 54 WILLCOCK ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 5 May 2016. Using an estimated price of £187,491 means this house is valued at £2,286 per sq meter (£212 per sq foot).
The average size of a house on WILLCOCK ROAD is 86 sq meters (932 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willcock Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowan Tree Drive |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowan Tree Drive |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowan Tree Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rowan Tree Drive |