£276,725
This estimated value is based upon the latest sale price for the house of £164,950 on 4 Oct 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £164,950 | 4 Oct 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 October 2013 the House Price Index for WEST MIDLANDS was 60.8.
The House Price Index as of 1 Apr 2025 is 102.0 which is a change of 67.763%.Applying this 67.763% change to the original purchase price of £164,950 results in an estimated price of approximately £276,725.
| 4 Oct 2013 | 1 Apr 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.8 | 102.0 | 67.763 % | £164,950 | £111,775 | £276,725 |
The Postcode Pricing Model uses changes in average sales price within the WS3 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 | 116.493 % | £192,155 | £357,105 |
| 3 Month Average | 80.944 % | £133,517 | £298,467 |
| 6 Month Average | 73.829 % | £121,781 | £286,731 |