£496,554
This estimated value is based upon the latest sale price for the house of £400,000 on 26 Nov 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £400,000 | 26 Nov 2018 |
| 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 November 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £400,000 results in an estimated price of approximately £496,554.
| 26 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £400,000 | £96,554 | £496,554 |
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 | 39.363 % | £157,453 | £557,453 |
| 3 Month Average | 34.126 % | £136,505 | £536,505 |
| 6 Month Average | 7.803 % | £31,212 | £431,212 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £2,742,130 | £2,700,000 | 4A ST GEORGES PARADE |
| 4 Mar 2024 | £924,199 | £910,000 | 11 LICHFIELD STREET |
| 16 Nov 2023 | £666,929 | £650,000 | FLAT 1 169 STAFFORD STREET |
| 23 Mar 2023 | £121,530 | £119,500 | 109 CANAL HOUSE LOCK STREET |
| 15 Feb 2023 | £186,244 | £185,000 | 26 KING STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Bicycle theft | Under investigation | On or near Long Street |
| Jul 2024 | Public order | Under investigation | On or near Long Street |
| Jul 2024 | Anti-social behaviour | On or near Long Street | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Long Street |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Long Street |