£136,552
This estimated value is based upon the latest sale price for the house of £110,000 on 1 Nov 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £110,000 | 1 Nov 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £110,000 results in an estimated price of approximately £136,552.
| 1 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £110,000 | £26,552 | £136,552 |
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 | 70.632 % | £77,694 | £187,694 |
| 3 Month Average | 44.946 % | £49,440 | £159,440 |
| 6 Month Average | 38.354 % | £42,189 | £152,189 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £168,835 | £165,000 | 6 LORD STREET WEST |
| 27 Oct 2023 | £187,253 | £183,000 | 27 HILL STREET |
| 31 Aug 2023 | £203,673 | £200,000 | 45 LORD STREET WEST |
| 25 Aug 2023 | £142,571 | £140,000 | 25 LORD STREET |
| 27 Apr 2023 | £128,402 | £126,000 | 25 HILL STREET |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 26 Jul 2018. Using an estimated price of £136,553 means this house is valued at £1,625 per sq meter (£151 per sq foot).
The average size of a house on SLIM AVENUE is 92 sq meters (999 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Slim Avenue | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Slim Avenue |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Slim Avenue |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Edward Close |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Edward Close |