£66,625
This estimated value is based upon the latest sale price for the house of £40,000 on 28 Jun 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £40,000 | 28 Jun 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 32 sq meters or 344 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 June 2013 the House Price Index for WEST MIDLANDS was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £40,000 results in an estimated price of approximately £66,625.
| 28 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 148.6 | 66.563 % | £40,000 | £26,625 | £66,625 |
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 | 77.658 % | £31,063 | £71,063 |
| 3 Month Average | 48.812 % | £19,524 | £59,524 |
| 6 Month Average | 60.641 % | £24,256 | £64,256 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £163,085 | £161,000 | 12 ALICE STREET |
| 27 Apr 2023 | £68,235 | £67,500 | 61 BROAD STREET |
| 17 Jan 2023 | £220,959 | £222,000 | 43 WELLINGTON ROAD |
| 18 Nov 2022 | £142,277 | £144,000 | 11A REGENT STREET |
| 11 Oct 2022 | £168,189 | £170,000 | 18 ALICE STREET |
This house has a floor area of 32 sq meters or 344 sq feet when measured on 24 Apr 2013. Using an estimated price of £66,625 means this house is valued at £2,082 per sq meter (£193 per sq foot).
The average size of a house on THE CRESCENT is 69 sq meters (742 sq feet).
This house is the smallest in the street with a floor area of 32 sq meters (344 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broad Street |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Broad Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broad Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broad Street |
| Feb 2024 | Robbery | Investigation complete; no suspect identified | On or near Broad Street |