£71,843
This estimated value is based upon the latest sale price for the house of £70,500 on 5 Apr 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£70,500 | 5 Apr 2023 |
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 April 2023 the House Price Index for WEST MIDLANDS was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £70,500 results in an estimated price of approximately £71,843.
5 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.9 | 149.7 | 1.906 % | £70,500 | £1,343 | £71,843 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | 82.276 % | £58,004 | £128,504 |
3 Month Average | 11.299 % | £7,965 | £78,465 |
6 Month Average | 5.683 % | £4,006 | £74,506 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Jul 2024 | £165,000 | £165,000 | 187 - 189 STAFFORD STREET |
9 Apr 2024 | £263,791 | £261,500 | 12 JOHN STREET |
20 Dec 2023 | £252,715 | £244,950 | 1 HALL IRON ROAD |
20 Dec 2023 | £216,606 | £209,950 | 2 HALL IRON ROAD |
23 Nov 2023 | £42,068 | £41,000 | 206 STAFFORD STREET |
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Drugs | Investigation complete; no suspect identified | On or near Stafford Street |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Stafford Street |
Oct 2024 | Other crime | Awaiting court outcome | On or near John Street |
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near John Street |
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Short Acre Street |