£282,215
This estimated value is based upon the latest sale price for the house of £165,000 on 26 Oct 2012. 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 |
|---|---|
| £165,000 | 26 Oct 2012 |
| Detached |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 2012 the House Price Index for WEST MIDLANDS was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.040%.Applying this 71.040% change to the original purchase price of £165,000 results in an estimated price of approximately £282,215.
| 26 Oct 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.040 % | £165,000 | £117,215 | £282,215 |
The Postcode Pricing Model uses changes in average sales price within the DY1 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 | 73.775 % | £121,728 | £286,728 |
| 3 Month Average | 74.926 % | £123,628 | £288,628 |
| 6 Month Average | 68.516 % | £113,050 | £278,050 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £83,223 | £82,500 | 24 REGENT STREET |
| 19 Oct 2023 | £143,254 | £140,000 | 96 SEDGLEY ROAD |
| 12 Jun 2023 | £191,845 | £188,000 | 66 SEDGLEY ROAD |
| 28 Feb 2023 | £250,675 | £249,000 | 21 WREN STREET |
| 17 Feb 2023 | £211,412 | £210,000 | 22 WREN STREET |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 17 Oct 2013. Using an estimated price of £282,215 means this house is valued at £2,090 per sq meter (£194 per sq foot).
The average size of a house on SEDGLEY ROAD is 88 sq meters (954 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |
| Oct 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Supermarket |
| Oct 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Oct 2024 | Shoplifting | Under investigation | On or near Supermarket |