£1,171,396
This estimated value is based upon the latest sale price for the house of £700,000 on 3 May 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £700,000 | 3 May 2013 |
| 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 May 2013 the House Price Index for WEST MIDLANDS was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £700,000 results in an estimated price of approximately £1,171,396.
| 3 May 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.6 | 67.342 % | £700,000 | £471,396 | £1,171,396 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 141.046 % | £987,324 | £1,687,324 |
| 3 Month Average | 65.930 % | £461,510 | £1,161,510 |
| 6 Month Average | 58.444 % | £409,108 | £1,109,108 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £132,824 | £130,500 | 5 ST MICHAELS COURT |
| 19 Dec 2023 | £81,425 | £80,000 | 23 ST MICHAELS COURT |
| 16 Nov 2023 | £86,785 | £85,500 | 37 ST MICHAELS COURT |
| 30 Jun 2023 | £167,023 | £165,000 | 4 ST MICHAELS COURT |
| 30 Jun 2023 | £129,620 | £128,050 | 8 LOWER STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near St Michael'S Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St Michael'S Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Michael'S Court |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near St Michael'S Court |
| Feb 2024 | Public order | Awaiting court outcome | On or near St Michael'S Court |