£148,232
This estimated value is based upon the latest sale price for the house of £120,000 on 28 Feb 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 | 28 Feb 2019 |
| 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 February 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 23.527%.Applying this 23.527% change to the original purchase price of £120,000 results in an estimated price of approximately £148,232.
| 28 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £120,000 | £28,232 | £148,232 |
The Postcode Pricing Model uses changes in average sales price within the WS10 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 | 120.766 % | £144,918 | £264,918 |
| 3 Month Average | 2.625 % | £3,150 | £123,150 |
| 6 Month Average | 36.075 % | £43,289 | £163,289 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £159,359 | £157,000 | 59 SHORT STREET |
| 1 Aug 2023 | £403,530 | £400,000 | UNIT 1 BLOCK C OLD PARK TRADING ESTATE |
| 9 Jun 2023 | £242,943 | £240,000 | 7 MARK AVENUE |
| 22 Jul 2022 | £150,405 | £150,000 | 3 MARK AVENUE |
| 25 Apr 2022 | £102,980 | £100,000 | 3 WESLEY GROVE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 14 Jan 2019. Using an estimated price of £148,232 means this house is valued at £1,950 per sq meter (£181 per sq foot).
The average size of a house on SHORT STREET is 84 sq meters (908 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A462 |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A462 |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A462 |
| Mar 2024 | Public order | Under investigation | On or near Short Street |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Short Street |