£62,636
This estimated value is based upon the latest sale price for the house of £38,000 on 31 Oct 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £38,000 | 31 Oct 2013 |
| Flats/Maisonettes |
| Leasehold |
| 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 October 2013 the House Price Index for WEST MIDLANDS was 90.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.832%.Applying this 64.832% change to the original purchase price of £38,000 results in an estimated price of approximately £62,636.
| 31 Oct 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 149.7 | 64.832 % | £38,000 | £24,636 | £62,636 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 55.218 % | £20,982 | £58,982 |
| 3 Month Average | 80.808 % | £30,707 | £68,707 |
| 6 Month Average | 72.641 % | £27,603 | £65,603 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Mar 2023 | £177,972 | £175,000 | FALCON INN GOMER STREET WEST |
| 4 Nov 2022 | £1,612,460 | £1,620,000 | 34 WOLVERHAMPTON STREET |
| 22 Feb 2022 | £89,799 | £85,000 | 31 NEWLANDS CLOSE |
| 28 Jan 2022 | £148,428 | £140,000 | 75 NEW ROAD |
| 11 Oct 2021 | £192,838 | £173,000 | 3 NEWLANDS CLOSE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 30 Jan 2014. Using an estimated price of £62,636 means this house is valued at £934 per sq meter (£86 per sq foot).
The average size of a house on PEEL CLOSE is 87 sq meters (941 sq feet).
This house is the smallest in the street with a floor area of 67 sq meters (721 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Peel Close |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Peel Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Peel Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Peel Street |
| Jul 2024 | Public order | Under investigation | On or near Wolverhampton Street |