1 MERCHANT CLOSE

£374,195

Full Address

1 MERCHANT CLOSE
PATTINGHAM
WOLVERHAMPTON
STAFFORDSHIRE
UNITED KINGDOM
WV6 7EF

Estimated Market Value

£374,195

This estimated value is based upon the latest sale price for the house of £300,000 on 18 May 2018. This value is then adjusted by the current Official House Price Index for STAFFORDSHIRE 1

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Transactions for this house
Price PaidDate
£300,00018 May 2018
£238,00016 Aug 2004
House Details
Detached
Freehold

House Price Models

Land Registry House Price Index Model

This model uses changes in the Official Land Registry House Price Index for STAFFORDSHIRE to estimate the market value.

When this house was purchased in May 2018 the House Price Index for STAFFORDSHIRE was 119.1.

The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.

Applying this 24.732% change to the original purchase price of £300,000 results in an estimated price of approximately £374,195.

18 May 2018 1 Mar 2024 % change Purchase Price Gain / Loss Estimated Price
119.1 148.6 24.732 % £300,000 £74,195 £374,195

The Postcode Pricing Model uses changes in average sales price within the WV6 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 40.031 % £120,093 £420,093
3 Month Average 28.532 % £85,596 £385,596
6 Month Average 28.425 % £85,275 £385,275
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
17 Aug 2023 £312,736 £310,000 1 NEWGATE
28 Apr 2023 £363,918 £360,000 11 WOLVERHAMPTON ROAD
27 Jan 2023 £248,828 £250,000 25 LETCHMERE CLOSE
16 Aug 2022 £294,208 £295,000 9 HIGH PATH
16 Dec 2021 £337,484 £315,000 2 WOLVERHAMPTON ROAD

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House Size

Recent Crimes Near Here
DateCrimeOutcomeWhere
Feb 2024 Violence and sexual offences Unable to prosecute suspect On or near Damson Park
Feb 2024 Violence and sexual offences Under investigation On or near Damson Park
Jan 2024 Other crime Investigation complete; no suspect identified On or near Damson Park
Feb 2024 Vehicle crime Under investigation On or near The Retreat Gardens
Jan 2024 Vehicle crime Under investigation On or near The Retreat Gardens

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Companies Near Here
ELLIPSE HR LTD
4 Merchant Close Pattingham Wolverhampton England WV6 7EF
THECOMPANYHANDBOOK LTD
4 Merchant Close Pattingham South Staffs United Kingdom WV6 7EF
AA UK ESTATES LIMITED
2 W Wolverhampton Road Pattingham Wolverhampton England WV6 7AF
NEW FUTURE HOLDINGS LIMITED
13 Wolverhampton Road Pattingham Wolverhampton England WV6 7AF
DJS UK PROPERTIES LTD
2 Wolverhampton Road Pattingham Wolverhampton England WV6 7AF

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People Near Here
Mr Martin John Cartwright Historic Information
7 Newgate, Pattingham, WV6 7AG
Mr Brian Michael Swan
The Cottage 26 Wolverhampton Road, Pattingham, WV6 7AF
Mr Simon Jeremy Cartwright Historic Information
7 Newgate, Pattingham, WV6 7AG
Mrs Noi Swan
The Cottage 26 Wolverhampton Road, Pattingham, WV6 7AF
MR Peter David COLLINS Company Director
4 Merchant Close, Pattingham, WV6 7EF
Mr Gareth Smith Historic Information
26 Letchmere Close, Pattingham, WV6 7AJ
Mr Geoffrey Watson
3 Letchmere Close 3 Letchmere Close, Pattingham, WV6 7AJ
Mrs Kay Elizabeth Southall Historic Information
18 Newgate, Pattingham, WV6 7AG
KEITH EDWARD DAWES Historic Information DIRECTOR
8A ORCHARD CLOSE, PATTINGHAM, WV6 7AN
MR DAVID WALTER GRIBBLE Historic Information COMPANY SECRETARY/DIRECTOR
20 NEWGATE, PATTINGHAM, WV6 7AG
MRS PARMAJIT TURNER
6 THE RETREAT GARDENS, PATTINGHAM, WV6 7BX
MR MICHAEL ROWBOTTOM
10 ORCHARD CLOSE PATTINGHAM, WV6 7AN
MISS HARRIET KATE LEE DIRECTOR
11 DAMSON PARK, PATTINGHAM, WV6 7AY
MR JAMES EDWIN ALEXANDER CARPENTER
30 LETCHMERE CLOSE PATTINGHAM, WV6 7AJ
MRS Clare COLLINS Company Director
4 Merchant Close, Pattingham, WV6 7EF
JEREMY LAYTON HURRY RICHES Historic Information SOLICITOR
SMALL PLACE, PATTINGHAM, WV6 7AF
MARK RICHARD SPRAGG Historic Information DIRECTOR
THE ROWANS 5 NEWGATE, PATTINGHAM, WV6 7AG
JULIE TAYLOR
34 WOLVERHAMPTON ROAD, PATTINGHAM, WV6 7AF
NAVREET KAUR PARWANA
2 RETREAT GARDENS, PATTINGHAM, WV6 7BX
Mr Keith John Turner
6 The Retreat Gardens Pattingham, WV6 7BX
Mr Gurjit Singh Gidda Historic Information
Office 1 2 Retreat Gardens, Pattingham, WV6 7BX
MRS SUSAN ELIZABETH GRIBBLE Historic Information COMPANY DIRECTOR
20 NEWGATE, PATTINGHAM, WV6 7AG
Mr Sukhpal Singh Parwana
Office 1 2 Retreat Gardens, WV6 7BX
MR JEREMY GUY BRADIN
7 WOLVERHAMPTON ROAD PATTINGHAM, WV6 7AF
JEREMY GUY BRADIN COMPUTER SOFTWARE
7 WOLVERHAMPTON ROAD PATTINGHAM, WV6 7AF
Mr Roger Paul Southall Historic Information
18 Newgate, Pattingham, WV6 7AG
MR Michael Robert PETT Commercial Director
34 Orchard Close, Pattingham, WV6 7AN
MR Harry Andrew PETERS Builder
9 Clive Road, Pattingham, WV6 7BU
Mrs Navreet Kaur Parwana
2 Retreat Gardens, Pattingham, WV6 7BX
MS BRIGITTE LOUISE RAHN
HIGHGATE HOUSE WOLVERHAMPTON ROAD, PATTINGHAM, WV6 7AF
BRIAN MICHAEL SWAN Historic Information RETIRED
THE COTTAGE, 26 WOLVERHAMPTON ROAD, WV6 7AF
PHILLIP TAYLOR SALES DIRECTOR
34 WOLVERHAMPTON ROAD, PATTINGHAM, WV6 7AF
Mr Nicholas Edward William Davis
13 Wolverhampton Road, Pattingham, WV6 7AF
JANETTE PAMELA NICHOLLS Historic Information
4 CORNMILL GROVE, WV6 7ER

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1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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