£130,968
This estimated value is based upon the latest sale price for the house of £105,000 on 29 May 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £105,000 | 29 May 2018 |
| £95,000 | 1 Feb 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 May 2018 the House Price Index for WEST MIDLANDS was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £105,000 results in an estimated price of approximately £130,968.
| 29 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £105,000 | £25,968 | £130,968 |
The Postcode Pricing Model uses changes in average sales price within the DY1 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 | 17.446 % | £18,317 | £123,317 |
| 3 Month Average | 32.847 % | £34,489 | £139,489 |
| 6 Month Average | 53.538 % | £56,215 | £161,215 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £167,137 | £165,000 | 67 WRENS NEST ROAD |
| 22 Sep 2023 | £157,007 | £155,000 | 62 HILLSIDE ROAD |
| 7 Jul 2023 | £212,865 | £210,000 | 168 WRENS NEST ROAD |
| 28 Apr 2023 | £159,720 | £158,000 | 27 FOXGLOVE ROAD |
| 30 Jan 2023 | £179,156 | £180,000 | 47 FOXGLOVE ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 16 Feb 2016. Using an estimated price of £130,969 means this house is valued at £1,954 per sq meter (£181 per sq foot).
There is one other house on the street which we know the size of, this is 4 GORSE ROAD it is 57.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gorse Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Gorse Road |
| Feb 2024 | Other theft | Under investigation | On or near Gorse Road |
| Dec 2023 | Public order | Awaiting court outcome | On or near Gorse Road |
| Dec 2023 | Public order | Awaiting court outcome | On or near Gorse Road |