£198,089
This estimated value is based upon the latest sale price for the house of £161,000 on 31 Jan 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £161,000 | 31 Jan 2019 |
| £112,500 | 15 Aug 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 sq feet |
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 January 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.037%.Applying this 23.037% change to the original purchase price of £161,000 results in an estimated price of approximately £198,089.
| 31 Jan 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.037 % | £161,000 | £37,089 | £198,089 |
The Postcode Pricing Model uses changes in average sales price within the DY4 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 | -14.601 % | £-23,508 | £137,491 |
| 3 Month Average | -17.565 % | £-28,279 | £132,720 |
| 6 Month Average | 0.266 % | £428 | £161,428 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £678,713 | £670,000 | UNIT 43 CONEYGREE INDUSTRIAL ESTATE |
| 11 Aug 2023 | £171,040 | £170,000 | 26 BRADLEY STREET |
| 30 Jun 2023 | £184,496 | £183,000 | 24 BRADLEY STREET |
| 12 Aug 2022 | £223,490 | £225,000 | BURNT TREE METHODIST CHURCH HOPKINS STREET |
| 19 May 2022 | £161,399 | £159,000 | 148 DUDLEY PORT |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 25 Oct 2014. Using an estimated price of £198,089 means this house is valued at £2,415 per sq meter (£224 per sq foot).
The average size of a house on BURNT TREE is 104 sq meters (1,127 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Robbery | Under investigation | On or near Gilbert Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gilbert Street |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burnt Tree |
| Mar 2024 | Drugs | Local resolution | On or near Burnt Tree |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Burnt Tree |