£417,309
This estimated value is based upon the latest sale price for the house of £359,950 on 11 Nov 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £359,950 | 11 Nov 2020 |
| Detached |
| Freehold |
| Floor Area: 166 sq meters or 1,786 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 2020 the House Price Index for WEST MIDLANDS was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £359,950 results in an estimated price of approximately £417,309.
| 11 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £359,950 | £57,359 | £417,309 |
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 | 42.108 % | £151,568 | £511,518 |
| 3 Month Average | 8.085 % | £29,100 | £389,050 |
| 6 Month Average | 10.884 % | £39,177 | £399,127 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £320,500 | £320,500 | 148 BRIDGNORTH ROAD |
| 9 Nov 2023 | £355,260 | £350,000 | 12 TORVALE ROAD |
| 28 Apr 2023 | £815,278 | £806,500 | 45 GROVE LANE |
| 31 Mar 2023 | £479,518 | £475,000 | 8 GROVE LANE |
| 17 Mar 2023 | £413,899 | £410,000 | 29 TORVALE ROAD |
This house has a floor area of 166 sq meters or 1,786 sq feet when measured on 27 Oct 2015. Using an estimated price of £417,309 means this house is valued at £2,513 per sq meter (£233 per sq foot).
The average size of a house on BRIDGNORTH ROAD is 92 sq meters (991 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Bridgnorth Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Wightwick Grove |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tor Lodge Drive |
| Feb 2024 | Vehicle crime | Under investigation | On or near Tor Lodge Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tor Lodge Drive |