£195,526
This estimated value is based upon the latest sale price for the house of £192,000 on 29 Aug 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £192,000 | 29 Aug 2023 |
| Terraced |
| 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 August 2023 the House Price Index for WEST MIDLANDS was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £192,000 results in an estimated price of approximately £195,526.
| 29 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £192,000 | £3,526 | £195,526 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | -10.603 % | £-20,357 | £171,642 |
| 3 Month Average | -8.206 % | £-15,755 | £176,244 |
| 6 Month Average | 7.265 % | £13,948 | £205,948 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £266,088 | £262,000 | 84 ATTWOOD STREET |
| 8 Sep 2023 | £168,719 | £165,000 | 7 FARMERS COURT |
| 29 Aug 2023 | £195,527 | £192,000 | 1 FARMERS COURT |
| 15 Jun 2023 | £204,090 | £200,000 | 4 ATTWOOD STREET |
| 14 Apr 2023 | £188,526 | £185,000 | 17 SHORT STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farmers Court |
| Oct 2024 | Anti-social behaviour | On or near Stourbridge Road | |
| Oct 2024 | Anti-social behaviour | On or near Stourbridge Road | |
| Oct 2024 | Shoplifting | Under investigation | On or near Stourbridge Road |
| Oct 2024 | Anti-social behaviour | On or near Stourbridge Road |