£48,988
This estimated value is based upon the latest sale price for the house of £14,000 on 16 Mar 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£14,000 | 16 Mar 2001 |
Terraced |
Freehold |
Floor Area: 73 sq meters or 785 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 2001 the House Price Index for WEST MIDLANDS was 42.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 249.920%.Applying this 249.920% change to the original purchase price of £14,000 results in an estimated price of approximately £48,988.
16 Mar 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
42.5 | 148.6 | 249.920 % | £14,000 | £34,988 | £48,988 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 223.472 % | £31,286 | £45,286 |
3 Month Average | 281.553 % | £39,417 | £53,417 |
6 Month Average | 300.330 % | £42,046 | £56,046 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Aug 2023 | £128,625 | £127,500 | 5 WELBECK AVENUE |
15 Aug 2023 | £83,531 | £82,800 | 194 STAFFORD ROAD |
30 Jun 2023 | £101,226 | £100,000 | 89 BUSHBURY LANE |
7 Jun 2023 | £228,265 | £225,500 | 3 SHAW PARK BUSINESS VILLAGE |
15 Feb 2023 | £199,866 | £200,000 | 13 WELBECK AVENUE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 28 Oct 2021. Using an estimated price of £48,989 means this house is valued at £671 per sq meter (£62 per sq foot).
The average size of a house on SHOWELL ROAD is 83 sq meters (900 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Parking Area |
Mar 2024 | Anti-social behaviour | On or near Parking Area | |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |