£650,391
This estimated value is based upon the latest sale price for the house of £490,000 on 22 Nov 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £490,000 | 22 Nov 2016 |
| £325,000 | 31 Mar 2003 |
| 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 November 2016 the House Price Index for WEST MIDLANDS was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £490,000 results in an estimated price of approximately £650,391.
| 22 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £490,000 | £160,391 | £650,391 |
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 | 84.811 % | £415,572 | £905,572 |
| 3 Month Average | 56.456 % | £276,635 | £766,635 |
| 6 Month Average | 59.624 % | £292,156 | £782,156 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £77,694 | £76,500 | 4E ALICE STREET |
| 11 Sep 2023 | £164,629 | £161,000 | 12 ALICE STREET |
| 17 Jan 2023 | £222,595 | £222,000 | 43 WELLINGTON ROAD |
| 13 Jan 2023 | £235,630 | £235,000 | TOORA HOUSE HOMERS FOLD |
| 18 Nov 2022 | £143,330 | £144,000 | 11A REGENT STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Arthur Street |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arthur Street |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Arthur Street |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arthur Street |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Short Street |