£155,575
This estimated value is based upon the latest sale price for the house of £122,500 on 10 Nov 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £122,500 | 10 Nov 2017 |
| £118,500 | 11 Jan 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 2017 the House Price Index for WEST MIDLANDS was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £122,500 results in an estimated price of approximately £155,575.
| 10 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £122,500 | £33,075 | £155,575 |
The Postcode Pricing Model uses changes in average sales price within the DY1 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 | 52.754 % | £64,624 | £187,124 |
| 3 Month Average | 57.859 % | £70,876 | £193,376 |
| 6 Month Average | 46.181 % | £56,572 | £179,072 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £83,223 | £82,500 | 24 REGENT STREET |
| 19 Oct 2023 | £143,254 | £140,000 | 96 SEDGLEY ROAD |
| 12 Jun 2023 | £191,845 | £188,000 | 66 SEDGLEY ROAD |
| 28 Feb 2023 | £250,675 | £249,000 | 21 WREN STREET |
| 17 Feb 2023 | £211,412 | £210,000 | 22 WREN STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 1 Aug 2017. Using an estimated price of £155,575 means this house is valued at £2,287 per sq meter (£212 per sq foot).
The average size of a house on SEDGLEY ROAD is 88 sq meters (954 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |
| Oct 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Supermarket |
| Oct 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Oct 2024 | Shoplifting | Under investigation | On or near Supermarket |