£83,031
This estimated value is based upon the latest sale price for the house of £25,600 on 31 Oct 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £25,600 | 31 Oct 2001 |
| £28,000 | 23 Jun 1995 |
| 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 October 2001 the House Price Index for WEST MIDLANDS was 45.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 224.341%.Applying this 224.341% change to the original purchase price of £25,600 results in an estimated price of approximately £83,031.
| 31 Oct 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.8 | 148.6 | 224.341 % | £25,600 | £57,431 | £83,031 |
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 | 245.055 % | £62,734 | £88,334 |
| 3 Month Average | 219.332 % | £56,149 | £81,749 |
| 6 Month Average | 246.356 % | £63,067 | £88,667 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Feb 2023 | £149,899 | £150,000 | 16 CROFT STREET |
| 25 Jan 2023 | £105,503 | £106,000 | 52 GLADSTONE STREET |
| 23 Jan 2023 | £129,390 | £130,000 | 47 HOSPITAL STREET |
| 23 Aug 2022 | £115,190 | £115,500 | 6 LEWIS STREET |
| 30 Jun 2022 | £91,290 | £90,000 | 52 SOUTHMEAD WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Awaiting court outcome | On or near Hospital Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hospital Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hospital Street |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hospital Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hospital Street |