£315,179
This estimated value is based upon the latest sale price for the house of £255,500 on 13 Dec 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £255,500 | 13 Dec 2018 |
| 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 December 2018 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £255,500 results in an estimated price of approximately £315,179.
| 13 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £255,500 | £59,679 | £315,179 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | 9.025 % | £23,060 | £278,560 |
| 3 Month Average | 29.266 % | £74,774 | £330,274 |
| 6 Month Average | 18.967 % | £48,461 | £303,961 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Apr 2024 | £261,500 | £261,500 | 12 JOHN STREET |
| 10 Aug 2023 | £279,445 | £277,000 | 204 STAFFORD STREET |
| 30 Jun 2023 | £126,533 | £125,000 | 9 MARY STREET |
| 5 Apr 2023 | £71,267 | £70,500 | 53 STAFFORD STREET |
| 24 Feb 2023 | £149,899 | £150,000 | 16 CROFT STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Hall Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hall Street |