£194,970
This estimated value is based upon the latest sale price for the house of £120,000 on 19 Nov 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Warwick Road
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| Price Paid | Date |
|---|---|
| £120,000 | 19 Nov 2013 |
| 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 November 2013 the House Price Index for WEST MIDLANDS was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £120,000 results in an estimated price of approximately £194,970.
| 19 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £120,000 | £74,970 | £194,970 |
The Postcode Pricing Model uses changes in average sales price within the B68 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 | 52.173 % | £62,607 | £182,607 |
| 3 Month Average | 34.601 % | £41,521 | £161,521 |
| 6 Month Average | 59.863 % | £71,835 | £191,835 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £184,712 | £182,350 | 13 BIRCH ROAD |
| 31 Jul 2023 | £207,797 | £205,000 | 19 FREDERICK ROAD |
| 28 Jul 2023 | £253,411 | £250,000 | 23 WARWICK ROAD |
| 28 Apr 2023 | £343,701 | £340,000 | 70 CASTLE ROAD EAST |
| 14 Apr 2023 | £187,014 | £185,000 | 21 FREDERICK ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 31 May 2013. Using an estimated price of £194,970 means this house is valued at £2,910 per sq meter (£270 per sq foot).
The average size of a house on WOLVERHAMPTON ROAD is 104 sq meters (1,120 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Warwick Road |
| Mar 2024 | Burglary | Under investigation | On or near Warwick Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Warwick Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Warwick Road |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Warwick Road |