£77,934
This estimated value is based upon the latest sale price for the house of £50,000 on 18 Jan 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £50,000 | 18 Jan 2008 |
| £37,000 | 3 Dec 2003 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 35 sq meters or 376 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 2008 the House Price Index for WEST MIDLANDS was 95.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.870%.Applying this 55.870% change to the original purchase price of £50,000 results in an estimated price of approximately £77,934.
| 18 Jan 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.3 | 148.6 | 55.870 % | £50,000 | £27,934 | £77,934 |
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 | 82.013 % | £41,006 | £91,006 |
| 3 Month Average | 47.368 % | £23,684 | £73,684 |
| 6 Month Average | 43.251 % | £21,625 | £71,625 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £213,740 | £210,000 | 20 MARKET PLACE |
| 7 Dec 2023 | £173,027 | £170,000 | 4 CROFT STREET |
| 3 Nov 2023 | £113,683 | £112,000 | 85 STAFFORD STREET |
| 18 Aug 2023 | £242,118 | £240,000 | 82 STAFFORD STREET |
| 20 Mar 2023 | £60,571 | £60,000 | FLAT 86 THE PINNACLE, 50 GOMER STREET |
This house has a floor area of 35 sq meters or 376 sq feet when measured on 26 Feb 2016. Using an estimated price of £77,935 means this house is valued at £2,226 per sq meter (£206 per sq foot).
There is one other house on the street which we know the size of, this is 71 STAFFORD STREET it is 117.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Stafford Street |
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Stafford Street |
| Mar 2024 | Anti-social behaviour | On or near Stafford Street | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stafford Street |
| Mar 2024 | Criminal damage and arson | Awaiting court outcome | On or near Stafford Street |