£101,221
This estimated value is based upon the latest sale price for the house of £99,995 on 30 Jun 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £99,995 | 30 Jun 2023 |
| £125,000 | 25 Nov 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 631 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 2023 the House Price Index for WEST MIDLANDS was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £99,995 results in an estimated price of approximately £101,221.
| 30 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £99,995 | £1,226 | £101,221 |
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 | -54.907 % | £-54,904 | £45,090 |
| 3 Month Average | 15.434 % | £15,433 | £115,428 |
| 6 Month Average | -6.321 % | £-6,321 | £93,673 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £71,052 | £70,000 | 65 MARKET SQUARE |
| 30 Jun 2023 | £101,221 | £99,995 | 61 MARKET SQUARE |
| 4 Apr 2023 | £151,633 | £150,000 | FLAT 1 8 WORCESTER STREET |
| 18 Nov 2022 | £662,969 | £671,000 | HORIZON HOUSE PITT STREET |
| 26 Oct 2022 | £105,860 | £107,000 | 22 MARKET SQUARE |
This house has a floor area of 58 sq meters or 631 sq feet when measured on 28 May 2009. Using an estimated price of £101,221 means this house is valued at £1,726 per sq meter (£160 per sq foot).
The average size of a house on MARKET SQUARE is 66 sq meters (716 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Under investigation | On or near London Place |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near London Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near London Place |
| Mar 2024 | Shoplifting | Under investigation | On or near London Place |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near London Place |