£303,786
This estimated value is based upon the latest sale price for the house of £133,500 on 14 Nov 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£133,500 | 14 Nov 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 72 sq meters or 775 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 November 2003 the House Price Index for WEST MIDLANDS was 45.0.
The House Price Index as of 1 Feb 2025 is 102.4 which is a change of 127.556%.Applying this 127.556% change to the original purchase price of £133,500 results in an estimated price of approximately £303,786.
14 Nov 2003 | 1 Feb 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
45.0 | 102.4 | 127.556 % | £133,500 | £170,286 | £303,786 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | 77.016 % | £102,816 | £236,316 |
3 Month Average | 101.655 % | £135,708 | £269,208 |
6 Month Average | 100.300 % | £133,901 | £267,401 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Oct 2024 | £101,992 | £100,000 | 10 LONDON PLACE |
8 Aug 2024 | £75,128 | £73,000 | 18 MARKET SQUARE |
26 Apr 2024 | £114,588 | £110,000 | 57 MARKET SQUARE PITT STREET |
20 Nov 2023 | £73,443 | £70,000 | 65 MARKET SQUARE |
30 Jun 2023 | £103,954 | £99,995 | 61 MARKET SQUARE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 13 Aug 2013. Using an estimated price of £303,787 means this house is valued at £4,219 per sq meter (£391 per sq foot).
The average size of a house on MARKET SQUARE is 66 sq meters (716 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2024 | Other theft | Investigation complete; no suspect identified | On or near London Place |
Jan 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Pitt Street |
Feb 2025 | Violence and sexual offences | Under investigation | On or near Little Brickiln Street |
Dec 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |