£148,258
This estimated value is based upon the latest sale price for the house of £120,000 on 12 Jun 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £120,000 | 12 Jun 2019 |
| £80,000 | 11 Apr 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2019 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 23.549%.Applying this 23.549% change to the original purchase price of £120,000 results in an estimated price of approximately £148,258.
| 12 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £120,000 | £28,258 | £148,258 |
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 | 57.984 % | £69,580 | £189,580 |
| 3 Month Average | 20.297 % | £24,356 | £144,356 |
| 6 Month Average | 25.939 % | £31,126 | £151,126 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £201,765 | £200,000 | 45 LORD STREET WEST |
| 25 Aug 2023 | £141,236 | £140,000 | 25 LORD STREET |
| 27 Apr 2023 | £127,371 | £126,000 | 25 HILL STREET |
| 3 Apr 2023 | £141,524 | £140,000 | 31 LORD STREET |
| 29 Nov 2022 | £311,230 | £315,000 | 52 HALL GREEN STREET |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 27 Oct 2013. Using an estimated price of £148,258 means this house is valued at £1,900 per sq meter (£176 per sq foot).
The average size of a house on EDWARD CLOSE is 92 sq meters (997 sq feet).
This house is the largest in the street with a floor area of 78 sq meters (839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Street |
| Jan 2024 | Possession of weapons | Unable to prosecute suspect | On or near Hill Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Slim Avenue |