£100,179
This estimated value is based upon the latest sale price for the house of £88,000 on 7 May 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £88,000 | 7 May 2021 |
| 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 2021 the House Price Index for WEST MIDLANDS was 131.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.840%.Applying this 13.840% change to the original purchase price of £88,000 results in an estimated price of approximately £100,179.
| 7 May 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 149.7 | 13.840 % | £88,000 | £12,179 | £100,179 |
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 | 12.778 % | £11,244 | £99,244 |
| 3 Month Average | 15.467 % | £13,610 | £101,610 |
| 6 Month Average | 10.195 % | £8,971 | £96,971 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £228,000 | £228,000 | 1C FRASER STREET |
| 24 Apr 2024 | £166,445 | £165,000 | 2A LEWIS STREET |
| 12 Oct 2023 | £77,255 | £75,500 | 53 LEWIS STREET |
| 13 Sep 2023 | £117,592 | £115,000 | 27 FRASER STREET |
| 9 Jun 2023 | £121,434 | £119,000 | 25 LEWIS STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Lewis Street | |
| Jun 2024 | Public order | Under investigation | On or near Lewis Street |
| Jun 2024 | Anti-social behaviour | On or near Lewis Street | |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Lewis Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lewis Street |