£238,291
This estimated value is based upon the latest sale price for the house of £195,000 on 20 Sep 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £195,000 | 20 Sep 2019 |
| £185,000 | 25 Jan 2019 |
| £360,500 | 25 Sep 2017 |
| 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 September 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.201%.Applying this 22.201% change to the original purchase price of £195,000 results in an estimated price of approximately £238,291.
| 20 Sep 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.201 % | £195,000 | £43,291 | £238,291 |
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 | 16.047 % | £31,291 | £226,291 |
| 3 Month Average | 14.548 % | £28,367 | £223,367 |
| 6 Month Average | 14.643 % | £28,554 | £223,554 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £226,791 | £222,500 | 46 EASTFIELD GROVE |
| 20 Dec 2023 | £127,410 | £125,000 | MIRIDENE INKERMAN GROVE |
| 6 Dec 2023 | £118,237 | £116,000 | BELMONT INKERMAN GROVE |
| 19 Jun 2023 | £100,817 | £100,000 | UNIT 4 CHANCEL INDUSTRIAL ESTATE |
| 16 Mar 2023 | £291,576 | £290,000 | UNIT 1, 2 AND 3 STAMINA HOUSE CHANCEL INDUSTRIAL ESTATE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near St Matthew Street |
| Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near St Matthew Street |
| Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near St Matthew Street |
| Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near St Matthew Street |
| Apr 2024 | Anti-social behaviour | On or near St Matthew Street |