£506,463
This estimated value is based upon the latest sale price for the house of £450,000 on 14 May 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £450,000 | 14 May 2021 |
| £375,000 | 16 Oct 2017 |
| 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 May 2021 the House Price Index for WEST MIDLANDS was 131.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 12.548%.Applying this 12.548% change to the original purchase price of £450,000 results in an estimated price of approximately £506,463.
| 14 May 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 148.0 | 12.548 % | £450,000 | £56,463 | £506,463 |
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 | -66.514 % | £-299,311 | £150,688 |
| 3 Month Average | -33.917 % | £-152,628 | £297,371 |
| 6 Month Average | 5.151 % | £23,177 | £473,177 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £658,453 | £650,000 | FLAT 1 169 STAFFORD STREET |
| 17 Jul 2023 | £403,820 | £400,000 | 17 - 17A QUEEN SQUARE |
| 20 Jun 2023 | £16,131 | £16,000 | 10 VICTORIA STREET |
| 23 Mar 2023 | £120,149 | £119,500 | 109 CANAL HOUSE LOCK STREET |
| 15 Feb 2023 | £184,129 | £185,000 | 26 KING STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thornley Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Thornley Street |
| Apr 2024 | Anti-social behaviour | On or near Princes Square | |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Princes Square |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Princes Square |