£142,688
This estimated value is based upon the latest sale price for the house of £140,000 on 25 May 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £140,000 | 25 May 2022 |
| Terraced |
| Freehold |
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 May 2022 the House Price Index for WEST MIDLANDS was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £140,000 results in an estimated price of approximately £142,688.
| 25 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.6 | 1.920 % | £140,000 | £2,688 | £142,688 |
The Postcode Pricing Model uses changes in average sales price within the WV1 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 | -37.961 % | £-53,145 | £86,854 |
| 3 Month Average | -11.410 % | £-15,974 | £124,025 |
| 6 Month Average | -23.835 % | £-33,368 | £106,631 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £226,462 | £222,500 | 46 EASTFIELD GROVE |
| 21 Sep 2023 | £177,267 | £175,000 | 6 EASTFIELD ROAD |
| 3 Aug 2023 | £168,978 | £167,500 | 62 OLD HEATH ROAD |
| 19 Jun 2023 | £101,226 | £100,000 | UNIT 4 CHANCEL INDUSTRIAL ESTATE |
| 16 Mar 2023 | £292,758 | £290,000 | UNIT 1, 2 AND 3 STAMINA HOUSE CHANCEL INDUSTRIAL ESTATE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near St Giles Crescent |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near St Giles Crescent |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near St Giles Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Giles Crescent |
| Feb 2024 | Other theft | Under investigation | On or near St Giles Crescent |