£79,582
This estimated value is based upon the latest sale price for the house of £24,000 on 31 Aug 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £24,000 | 31 Aug 2001 |
| £18,000 | 6 Oct 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 August 2001 the House Price Index for WEST MIDLANDS was 44.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 231.594%.Applying this 231.594% change to the original purchase price of £24,000 results in an estimated price of approximately £79,582.
| 31 Aug 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.8 | 148.6 | 231.594 % | £24,000 | £55,582 | £79,582 |
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 | 216.303 % | £51,912 | £75,912 |
| 3 Month Average | 273.245 % | £65,578 | £89,578 |
| 6 Month Average | 273.963 % | £65,751 | £89,751 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2023 | £60,571 | £60,000 | FLAT 86 THE PINNACLE, 50 GOMER STREET |
| 9 Mar 2023 | £176,664 | £175,000 | FALCON INN GOMER STREET WEST |
| 20 Jul 2022 | £65,175 | £65,000 | FLAT 42 THE PINNACLE, 50 GOMER STREET |
| 9 Mar 2022 | £56,994 | £55,000 | FLAT 4 THE PINNACLE, 50 GOMER STREET |
| 9 Jul 2021 | £86,195 | £75,000 | FLAT 39 THE PINNACLE, 50 GOMER STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wolverhampton Street |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wolverhampton Street |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Wolverhampton Street |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Wolverhampton Street |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Wolverhampton Street |