£320,675
This estimated value is based upon the latest sale price for the house of £190,000 on 27 Aug 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £190,000 | 27 Aug 2010 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,199 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 August 2010 the House Price Index for WEST MIDLANDS was 87.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 68.777%.Applying this 68.777% change to the original purchase price of £190,000 results in an estimated price of approximately £320,675.
| 27 Aug 2010 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.0 | 68.777 % | £190,000 | £130,675 | £320,675 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | 20.983 % | £39,866 | £229,866 |
| 3 Month Average | 48.034 % | £91,264 | £281,264 |
| 6 Month Average | 75.760 % | £143,943 | £333,943 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £127,410 | £125,000 | 22 HOBART POINT CHURCHFIELDS WAY |
| 1 Dec 2023 | £387,328 | £380,000 | 1 VALE STREET |
| 25 Aug 2023 | £271,652 | £270,000 | 6 ARBOR COURT |
| 11 Aug 2023 | £437,661 | £435,000 | 85 TEMPLE MEADOWS ROAD |
| 10 Aug 2023 | £140,857 | £140,000 | 42 HOBART POINT CHURCHFIELDS WAY |
This house has a floor area of 111 sq meters or 1,199 sq feet when measured on 24 Oct 2008. Using an estimated price of £320,676 means this house is valued at £2,878 per sq meter (£267 per sq foot).
The average size of a house on VALE STREET is 196 sq meters (2,111 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mellish Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vale Street |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Vale Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arbor Court |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Arbor Court |