£193,190
This estimated value is based upon the latest sale price for the house of £122,000 on 7 Feb 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £122,000 | 7 Feb 2014 |
| £135,000 | 15 Jun 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 159 sq meters or 1,711 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 February 2014 the House Price Index for WEST MIDLANDS was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £122,000 results in an estimated price of approximately £193,190.
| 7 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £122,000 | £71,190 | £193,190 |
The Postcode Pricing Model uses changes in average sales price within the B43 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 | 123.399 % | £150,547 | £272,547 |
| 3 Month Average | 51.057 % | £62,289 | £184,289 |
| 6 Month Average | 62.644 % | £76,425 | £198,425 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £344,010 | £341,000 | 45 WALCOT DRIVE |
| 28 Apr 2023 | £190,046 | £188,000 | 55 WALCOT DRIVE |
| 6 Apr 2023 | £229,976 | £227,500 | 301 HAMSTEAD ROAD |
| 31 Mar 2023 | £217,045 | £215,000 | 81 WALCOT DRIVE |
| 15 Mar 2023 | £333,139 | £330,000 | 59 GREENWAY |
This house has a floor area of 159 sq meters or 1,711 sq feet when measured on 18 Jan 2017. Using an estimated price of £193,190 means this house is valued at £1,215 per sq meter (£112 per sq foot).
The average size of a house on WALCOT DRIVE is 87 sq meters (941 sq feet).
This house is the largest in the street with a floor area of 159 sq meters (1,711 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Walcot Drive |
| Jan 2024 | Anti-social behaviour | On or near Walcot Drive | |
| Jan 2024 | Anti-social behaviour | On or near Walcot Drive | |
| Jan 2024 | Anti-social behaviour | On or near Walcot Drive | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ennerdale Road |