£1,123,751
This estimated value is based upon the latest sale price for the house of £1,013,654 on 26 Mar 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £1,013,654 | 26 Mar 2021 |
| 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 March 2021 the House Price Index for WEST MIDLANDS was 133.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 10.861%.Applying this 10.861% change to the original purchase price of £1,013,654 results in an estimated price of approximately £1,123,751.
| 26 Mar 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.5 | 148.0 | 10.861 % | £1,013,654 | £110,097 | £1,123,751 |
The Postcode Pricing Model uses changes in average sales price within the WV1 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 | -32.821 % | £-332,688 | £680,965 |
| 3 Month Average | -66.835 % | £-677,477 | £336,176 |
| 6 Month Average | 6.447 % | £65,350 | £1,079,004 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £86,277 | £85,000 | FLAT 24 LAWTON COURT OAKS CRESCENT |
| 3 Aug 2023 | £626,481 | £621,000 | FLAT WELSH CHAPEL ST MARKS ROAD |
| 9 Jun 2023 | £855,361 | £845,000 | 1 SOUTHGATE |
| 9 Jun 2023 | £151,226 | £150,000 | 51 CHAPEL ASH |
| 2 Jun 2023 | £383,106 | £380,000 | 8 SUMMERFIELD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Under investigation | On or near Meadow Street |
| Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near Meadow Street |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Meadow Street |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Meadow Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Meadow Street |