£150,307
This estimated value is based upon the latest sale price for the house of £150,000 on 15 Sep 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £150,000 | 15 Sep 2023 |
| £118,000 | 26 Sep 2007 |
| Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 September 2023 the House Price Index for WEST MIDLANDS was 146.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 0.205%.Applying this 0.205% change to the original purchase price of £150,000 results in an estimated price of approximately £150,307.
| 15 Sep 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 146.7 | 0.205 % | £150,000 | £307 | £150,307 |
The Postcode Pricing Model uses changes in average sales price within the WS8 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 | 37.753 % | £56,630 | £206,630 |
| 3 Month Average | 6.150 % | £9,224 | £159,224 |
| 6 Month Average | 12.685 % | £19,028 | £169,028 |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 27 Jul 2020.
The average size of a house on PATERSON PLACE is 65 sq meters (703 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Adams Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Wrekin View |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lichfield Road |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Lichfield Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lichfield Road |