£590,225
This estimated value is based upon the latest sale price for the house of £120,000 on 28 Nov 1997. 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 | 28 Nov 1997 |
| Detached |
| 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 1997 the House Price Index for WEST MIDLANDS was 30.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 391.855%.Applying this 391.855% change to the original purchase price of £120,000 results in an estimated price of approximately £590,225.
| 28 Nov 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.2 | 148.6 | 391.855 % | £120,000 | £470,225 | £590,225 |
The Postcode Pricing Model uses changes in average sales price within the WV1 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 | 131.446 % | £157,734 | £277,734 |
| 3 Month Average | 276.407 % | £331,688 | £451,688 |
| 6 Month Average | 326.253 % | £391,503 | £511,503 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £121,803 | £120,000 | 41 BRIGHT STREET |
| 17 Feb 2023 | £129,913 | £130,000 | 43 BRIGHT STREET |
| 3 Feb 2023 | £127,914 | £128,000 | 15 MOSTYN STREET |
| 18 Nov 2022 | £229,717 | £232,500 | 130 LEICESTER STREET |
| 26 Aug 2022 | £99,732 | £100,000 | 60 MOSTYN STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Great Hampton Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mostyn Street |
| Mar 2024 | Robbery | Investigation complete; no suspect identified | On or near Mostyn Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mostyn Street |
| Mar 2024 | Anti-social behaviour | On or near Mostyn Street |