£142,227
This estimated value is based upon the latest sale price for the house of £55,000 on 21 Nov 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £55,000 | 21 Nov 2002 |
| £43,500 | 6 Jan 1995 |
| Semi-Detached |
| 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 2002 the House Price Index for WEST MIDLANDS was 57.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 158.595%.Applying this 158.595% change to the original purchase price of £55,000 results in an estimated price of approximately £142,227.
| 21 Nov 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 149.7 | 158.595 % | £55,000 | £87,227 | £142,227 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 181.550 % | £99,852 | £154,852 |
| 3 Month Average | 171.605 % | £94,382 | £149,382 |
| 6 Month Average | 167.178 % | £91,947 | £146,947 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £226,974 | £220,000 | 31 GALBRAITH CLOSE |
| 13 Oct 2023 | £148,370 | £145,000 | 1D WALLBROOK STREET |
| 13 Oct 2023 | £179,067 | £175,000 | 33 EDGE STREET |
| 13 Oct 2023 | £148,370 | £145,000 | 1C WALLBROOK STREET |
| 13 Oct 2023 | £163,718 | £160,000 | 1E WALLBROOK STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other crime | Unable to prosecute suspect | On or near Spencer Avenue |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Spencer Avenue |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chaucer Close |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chaucer Close |
| Oct 2024 | Burglary | Under investigation | On or near Chaucer Close |