£348,245
This estimated value is based upon the latest sale price for the house of £68,000 on 12 Jun 1997. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £68,000 | 12 Jun 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 June 1997 the House Price Index for WEST MIDLANDS was 29.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 412.126%.Applying this 412.126% change to the original purchase price of £68,000 results in an estimated price of approximately £348,245.
| 12 Jun 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.0 | 148.6 | 412.126 % | £68,000 | £280,245 | £348,245 |
The Postcode Pricing Model uses changes in average sales price within the DY6 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 | 113.863 % | £77,427 | £145,427 |
| 3 Month Average | 273.262 % | £185,818 | £253,818 |
| 6 Month Average | 306.625 % | £208,504 | £276,504 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £132,315 | £130,000 | 29 MARKET STREET |
| 21 Aug 2023 | £145,271 | £144,000 | 2 THE PARKLANDS PARK STREET |
| 18 Jul 2023 | £258,479 | £255,000 | 74 MARKET STREET |
| 15 Sep 2022 | £222,404 | £224,200 | 11G PARK STREET |
| 26 Apr 2022 | £514,900 | £500,000 | 35 - 37 MARKET STREET |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 8 Nov 2019. Using an estimated price of £348,246 means this house is valued at £3,054 per sq meter (£283 per sq foot).
The average size of a house on MARKET STREET is 114 sq meters (1,227 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Market Street |
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Summer Street |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Summer Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Summer Street |
| Dec 2023 | Shoplifting | Unable to prosecute suspect | On or near Summer Street |