£146,365
This estimated value is based upon the latest sale price for the house of £120,000 on 31 Jan 2020. 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 | 31 Jan 2020 |
| £105,000 | 2 Dec 2011 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 607 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 January 2020 the House Price Index for WEST MIDLANDS was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £120,000 results in an estimated price of approximately £146,365.
| 31 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £120,000 | £26,365 | £146,365 |
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 | 43.934 % | £52,720 | £172,720 |
| 3 Month Average | 30.665 % | £36,798 | £156,798 |
| 6 Month Average | 29.758 % | £35,709 | £155,709 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2023 | £329,434 | £325,000 | 18 KNIGHTS CLOSE |
| 19 Jul 2023 | £299,025 | £295,000 | 41 WALSALL ROAD |
| 16 Nov 2022 | £30,629 | £31,000 | UNIT 2B CHARLES HOLLAND STREET |
| 16 Nov 2022 | £59,282 | £60,000 | UNIT 3 CHARLES HOLLAND STREET |
| 11 Nov 2022 | £14,820 | £15,000 | UNIT 3 EREBUS WORKS |
This house has a floor area of 56 sq meters or 607 sq feet when measured on 3 Jul 2010. Using an estimated price of £146,366 means this house is valued at £2,593 per sq meter (£240 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Maiden Close |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Albion Street |
| 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 |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Albion Street |