£141,938
This estimated value is based upon the latest sale price for the house of £57,500 on 14 Feb 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £57,500 | 14 Feb 2003 |
| £38,000 | 7 Aug 1998 |
| Detached |
| Freehold |
| Floor Area: 40 sq meters or 430 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 February 2003 the House Price Index for WEST MIDLANDS was 60.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 146.849%.Applying this 146.849% change to the original purchase price of £57,500 results in an estimated price of approximately £141,938.
| 14 Feb 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.6 | 149.7 | 146.849 % | £57,500 | £84,438 | £141,938 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 213.889 % | £122,986 | £180,486 |
| 3 Month Average | 184.547 % | £106,114 | £163,614 |
| 6 Month Average | 167.912 % | £96,549 | £154,049 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £237,291 | £230,000 | 53 VILLIERS AVENUE |
| 27 Apr 2023 | £68,787 | £67,500 | 61 BROAD STREET |
| 17 Jan 2023 | £222,595 | £222,000 | 43 WELLINGTON ROAD |
| 18 Nov 2022 | £143,330 | £144,000 | 11A REGENT STREET |
| 20 Sep 2022 | £184,876 | £185,000 | 74 BROAD STREET |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 24 Jul 2019. Using an estimated price of £141,938 means this house is valued at £3,548 per sq meter (£329 per sq foot).
The average size of a house on REGENT STREET is 101 sq meters (1,096 sq feet).
This house is the smallest in the street with a floor area of 40 sq meters (430 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Elm Avenue | |
| May 2024 | Vehicle crime | Unable to prosecute suspect | On or near Elm Avenue |
| Jul 2024 | Public order | On or near The Crescent (Tram Stop) | |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Regent Street |
| Jul 2024 | Vehicle crime | Under investigation | On or near Regent Street |