£321,972
This estimated value is based upon the latest sale price for the house of £300,000 on 27 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £300,000 | 27 Sep 2021 |
| £240,000 | 17 Aug 2016 |
| £235,000 | 5 Nov 2007 |
| 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 September 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £300,000 results in an estimated price of approximately £321,972.
| 27 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.0 | 7.324 % | £300,000 | £21,972 | £321,972 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 13.519 % | £40,556 | £340,556 |
| 3 Month Average | -24.568 % | £-73,703 | £226,296 |
| 6 Month Average | -18.890 % | £-56,669 | £243,330 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £214,050 | £210,000 | 20 MARKET PLACE |
| 3 Nov 2023 | £113,457 | £112,000 | 85 STAFFORD STREET |
| 18 Aug 2023 | £241,468 | £240,000 | 82 STAFFORD STREET |
| 3 Nov 2022 | £300,132 | £304,999 | 17A MARKET PLACE |
| 27 May 2022 | £137,037 | £135,000 | 43 MARKET PLACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Parking Area |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Parking Area |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Parking Area |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |