£108,661
This estimated value is based upon the latest sale price for the house of £64,000 on 31 Oct 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £64,000 | 31 Oct 2012 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 2012 the House Price Index for WEST MIDLANDS was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £64,000 results in an estimated price of approximately £108,661.
| 31 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.783 % | £64,000 | £44,661 | £108,661 |
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 | 129.941 % | £83,162 | £147,162 |
| 3 Month Average | 89.912 % | £57,543 | £121,543 |
| 6 Month Average | 82.035 % | £52,502 | £116,502 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2023 | £120,541 | £119,000 | 38 FISHER STREET |
| 26 Jul 2023 | £329,434 | £325,000 | 18 KNIGHTS CLOSE |
| 19 Jul 2023 | £299,025 | £295,000 | 41 WALSALL ROAD |
| 11 Apr 2022 | £205,960 | £200,000 | 190 WALSALL ROAD |
| 27 Jan 2022 | £199,958 | £190,000 | 192 WALSALL ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 15 May 2013. Using an estimated price of £108,661 means this house is valued at £1,108 per sq meter (£103 per sq foot).
The average size of a house on ALBION ROAD is 110 sq meters (1,185 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Albion Street |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Albion Street |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Albion Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Albion Street |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Maiden Close |