£356,105
This estimated value is based upon the latest sale price for the house of £237,000 on 1 Dec 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £237,000 | 1 Dec 2014 |
| £136,000 | 24 Jan 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 December 2014 the House Price Index for WEST MIDLANDS was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £237,000 results in an estimated price of approximately £356,105.
| 1 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 149.7 | 50.255 % | £237,000 | £119,105 | £356,105 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 22.678 % | £53,747 | £290,747 |
| 3 Month Average | 74.923 % | £177,567 | £414,567 |
| 6 Month Average | 47.574 % | £112,750 | £349,750 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £359,116 | £350,000 | 5 THE FOLD |
| 29 Sep 2023 | £270,973 | £265,000 | 5 CHURCH HILL |
| 15 Sep 2023 | £472,925 | £462,500 | 1 CHURCH HILL |
| 18 Aug 2023 | £290,235 | £285,000 | 9 CHURCH HILL |
| 18 Jan 2023 | £416,112 | £415,000 | 33 CHURCH HILL |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 25 Sep 2014. Using an estimated price of £356,105 means this house is valued at £4,451 per sq meter (£413 per sq foot).
The average size of a house on CHURCH HILL is 118 sq meters (1,276 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Fold |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Fold |
| Apr 2024 | Anti-social behaviour | On or near The Fold | |
| Apr 2024 | Anti-social behaviour | On or near The Fold | |
| Apr 2024 | Anti-social behaviour | On or near The Fold |