£131,750
This estimated value is based upon the latest sale price for the house of £99,995 on 17 Nov 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £99,995 | 17 Nov 2016 |
| £105,000 | 28 Sep 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 November 2016 the House Price Index for WEST MIDLANDS was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £99,995 results in an estimated price of approximately £131,750.
| 17 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £99,995 | £31,755 | £131,750 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 8.980 % | £8,979 | £108,974 |
| 3 Month Average | 30.639 % | £30,637 | £130,632 |
| 6 Month Average | 34.889 % | £34,886 | £134,881 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £284,489 | £282,000 | 16 WYCHERLEY WAY |
| 28 Jul 2023 | £116,569 | £115,000 | 77 WYCHERLEY WAY |
| 30 Jun 2023 | £147,284 | £145,500 | 4 THE PARADE |
| 23 Feb 2023 | £154,896 | £155,000 | 26 CODSALL ROAD |
| 10 Aug 2022 | £119,678 | £120,000 | 43 WYCHERLEY WAY |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 14 Mar 2015. Using an estimated price of £131,751 means this house is valued at £1,587 per sq meter (£147 per sq foot).
The average size of a house on THE PARADE is 102 sq meters (1,103 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Parade |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Terrace |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Unitt Drive |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Unitt Drive |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Unitt Drive |