£348,447
This estimated value is based upon the latest sale price for the house of £285,000 on 7 Apr 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £285,000 | 7 Apr 2020 |
| 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 April 2020 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 22.262%.Applying this 22.262% change to the original purchase price of £285,000 results in an estimated price of approximately £348,447.
| 7 Apr 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.262 % | £285,000 | £63,447 | £348,447 |
The Postcode Pricing Model uses changes in average sales price within the WV1 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 | -20.020 % | £-57,058 | £227,941 |
| 3 Month Average | 14.397 % | £41,031 | £326,031 |
| 6 Month Average | 14.004 % | £39,910 | £324,910 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2023 | £50,477 | £50,000 | 13 CLEVELAND ROAD |
| 24 Apr 2023 | £264,466 | £262,500 | 26 SNOW HILL |
| 15 Feb 2023 | £184,129 | £185,000 | 26 KING STREET |
| 27 Jan 2023 | £278,553 | £281,000 | 10 - 11 QUEEN STREET |
| 28 Jul 2022 | £901,781 | £903,000 | 47 - 48 DUDLEY STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Old Hall Street |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Old Hall Street |
| Apr 2024 | Drugs | Under investigation | On or near Old Hall Street |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Old Hall Street |
| Mar 2024 | Other theft | On or near Wolverhampton St George'S (Tram Stop) |