£228,187
This estimated value is based upon the latest sale price for the house of £205,000 on 31 Mar 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £205,000 | 31 Mar 2021 |
| £119,000 | 5 Jul 2002 |
| £69,950 | 20 Oct 2000 |
| £33,000 | 14 Apr 2000 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 March 2021 the House Price Index for WEST MIDLANDS was 133.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.311%.Applying this 11.311% change to the original purchase price of £205,000 results in an estimated price of approximately £228,187.
| 31 Mar 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.5 | 148.6 | 11.311 % | £205,000 | £23,187 | £228,187 |
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 | 62.595 % | £128,319 | £333,319 |
| 3 Month Average | -12.717 % | £-26,069 | £178,930 |
| 6 Month Average | 9.277 % | £19,017 | £224,017 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £252,206 | £250,000 | 11 HINCKES ROAD |
| 17 Jul 2023 | £277,738 | £274,000 | 3 HINCKES ROAD |
| 31 Jan 2023 | £122,423 | £123,000 | 14 FIELDHEAD PLACE |
| 31 Jan 2023 | £398,125 | £400,000 | 82 REDHOUSE ROAD |
| 18 Nov 2022 | £233,176 | £236,000 | 12 HINCKES ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 27 Aug 2020. Using an estimated price of £228,187 means this house is valued at £2,563 per sq meter (£238 per sq foot).
The average size of a house on REGIS ROAD is 95 sq meters (1,028 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Field Head Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Field Head Place |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Field Head Place |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hinckes Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rivendell Gardens |