£157,750
This estimated value is based upon the latest sale price for the house of £125,000 on 6 Oct 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £125,000 | 6 Oct 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 October 2017 the House Price Index for WEST MIDLANDS was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £125,000 results in an estimated price of approximately £157,750.
| 6 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £125,000 | £32,750 | £157,750 |
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 | 134.020 % | £167,524 | £292,524 |
| 3 Month Average | 28.852 % | £36,065 | £161,065 |
| 6 Month Average | 31.389 % | £39,235 | £164,235 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Feb 2023 | £206,861 | £207,000 | 20 WOODEND PLACE |
| 19 Aug 2022 | £259,302 | £260,000 | 6 WOODLAND AVENUE |
| 12 Aug 2022 | £199,463 | £200,000 | 82 THE CRESCENT |
| 19 May 2022 | £204,860 | £201,000 | 46 SCHOOL ROAD |
| 26 Nov 2021 | £297,416 | £275,000 | 11C SCHOOL ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 29 May 2017. Using an estimated price of £157,750 means this house is valued at £1,923 per sq meter (£178 per sq foot).
The average size of a house on THE CRESCENT is 82 sq meters (887 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near School Road |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near School Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tanfield Close |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Oak Green |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Green |