£115,452
This estimated value is based upon the latest sale price for the house of £68,000 on 19 Oct 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £68,000 | 19 Oct 2012 |
| £68,000 | 22 Jul 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 October 2012 the House Price Index for WEST MIDLANDS was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £68,000 results in an estimated price of approximately £115,452.
| 19 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.783 % | £68,000 | £47,452 | £115,452 |
The Postcode Pricing Model uses changes in average sales price within the WV2 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 | 171.806 % | £116,827 | £184,827 |
| 3 Month Average | 90.443 % | £61,501 | £129,501 |
| 6 Month Average | 73.093 % | £49,703 | £117,703 |
| 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 67 sq meters or 721 sq feet when measured on 20 Aug 2020. Using an estimated price of £115,452 means this house is valued at £1,723 per sq meter (£160 per sq foot).
There is one other house on the street which we know the size of, this is FLAT 1 8 WORCESTER STREET it is 33.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 | Criminal damage and arson | Under investigation | On or near London Place |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near London Place |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near London Place |