£298,147
This estimated value is based upon the latest sale price for the house of £240,000 on 18 May 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £240,000 | 18 May 2018 |
| 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 May 2018 the House Price Index for WEST MIDLANDS was 119.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.228%.Applying this 24.228% change to the original purchase price of £240,000 results in an estimated price of approximately £298,147.
| 18 May 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.0 | 24.228 % | £240,000 | £58,147 | £298,147 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 21.815 % | £52,355 | £292,355 |
| 3 Month Average | 42.862 % | £102,869 | £342,869 |
| 6 Month Average | 25.847 % | £62,033 | £302,033 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £173,278 | £170,000 | 4 CROFT STREET |
| 20 Mar 2023 | £60,326 | £60,000 | FLAT 86 THE PINNACLE, 50 GOMER STREET |
| 20 Jul 2022 | £64,912 | £65,000 | FLAT 42 THE PINNACLE, 50 GOMER STREET |
| 25 Mar 2022 | £175,453 | £170,000 | 36 GOMER STREET |
| 9 Mar 2022 | £56,764 | £55,000 | FLAT 4 THE PINNACLE, 50 GOMER STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Croft Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Croft Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Croft Street |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Croft Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Croft Street |