£162,221
This estimated value is based upon the latest sale price for the house of £133,000 on 8 Jan 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £133,000 | 8 Jan 2020 |
| £46,336 | 23 Jun 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 January 2020 the House Price Index for WEST MIDLANDS was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £133,000 results in an estimated price of approximately £162,221.
| 8 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £133,000 | £29,221 | £162,221 |
The Postcode Pricing Model uses changes in average sales price within the WS3 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 | 22.163 % | £29,476 | £162,476 |
| 3 Month Average | 24.906 % | £33,125 | £166,125 |
| 6 Month Average | 24.879 % | £33,089 | £166,089 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £192,855 | £190,000 | 216 WOLVERHAMPTON ROAD |
| 5 Sep 2023 | £217,785 | £215,000 | 257 WOLVERHAMPTON ROAD |
| 7 Jul 2023 | £188,538 | £186,000 | 254 WOLVERHAMPTON ROAD |
| 13 Apr 2023 | £136,469 | £135,000 | 67 CLOCKMILL ROAD |
| 24 Feb 2023 | £194,869 | £195,000 | 81 CLOCKMILL ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 25 Oct 2019. Using an estimated price of £162,222 means this house is valued at £2,317 per sq meter (£215 per sq foot).
The average size of a house on CLOCKMILL ROAD is 80 sq meters (865 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clockmill Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Clockmill Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clockmill Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Clockmill Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Clockmill Avenue |