£146,949
This estimated value is based upon the latest sale price for the house of £119,000 on 14 Sep 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £119,000 | 14 Sep 2018 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 September 2018 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £119,000 results in an estimated price of approximately £146,949.
| 14 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £119,000 | £27,949 | £146,949 |
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 | 29.490 % | £35,093 | £154,093 |
| 3 Month Average | 45.767 % | £54,462 | £173,462 |
| 6 Month Average | 35.309 % | £42,017 | £161,017 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £154,982 | £153,000 | 114 CLOTHIER STREET |
| 31 Aug 2023 | £151,324 | £150,000 | 44 BLOXWICH ROAD SOUTH |
| 10 Aug 2023 | £165,447 | £164,000 | 139 CLOTHIER STREET |
| 7 Jul 2023 | £162,183 | £160,000 | 28 THORNE ROAD |
| 26 Jun 2023 | £222,698 | £220,000 | 154 CLOTHIER STREET |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 3 Jun 2018. Using an estimated price of £146,949 means this house is valued at £1,933 per sq meter (£179 per sq foot).
The average size of a house on WEBSTER ROAD is 78 sq meters (850 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Borrow Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Borrow Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Borrow Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Borrow Street |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Borrow Street |