£343,422
This estimated value is based upon the latest sale price for the house of £225,000 on 9 May 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £225,000 | 9 May 2014 |
| £215,000 | 18 May 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 May 2014 the House Price Index for WEST MIDLANDS was 96.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 52.632%.Applying this 52.632% change to the original purchase price of £225,000 results in an estimated price of approximately £343,422.
| 9 May 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 146.7 | 52.632 % | £225,000 | £118,422 | £343,422 |
The Postcode Pricing Model uses changes in average sales price within the DY6 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 | -30.489 % | £-68,599 | £156,400 |
| 3 Month Average | 25.824 % | £58,104 | £283,104 |
| 6 Month Average | 45.350 % | £102,036 | £327,036 |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 31 Oct 2013.
The average size of a house on WOLVERHAMPTON ROAD is 119 sq meters (1,282 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near New Dudley Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Dawley Road |
| Mar 2024 | Other crime | Under investigation | On or near Dawley Road |
| Jan 2024 | Burglary | Under investigation | On or near Wolverhampton Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wolverhampton Road |