£8,124,824
This estimated value is based upon the latest sale price for the house of £6,500,000 on 15 Jan 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £6,500,000 | 15 Jan 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 January 2018 the House Price Index for WEST MIDLANDS was 118.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.997%.Applying this 24.997% change to the original purchase price of £6,500,000 results in an estimated price of approximately £8,124,824.
| 15 Jan 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.0 | 24.997 % | £6,500,000 | £1,624,824 | £8,124,824 |
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 | -25.671 % | £-1,668,643 | £4,831,356 |
| 3 Month Average | 10.971 % | £713,125 | £7,213,125 |
| 6 Month Average | 37.612 % | £2,444,783 | £8,944,783 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £95,322 | £95,000 | 1A BADGER DRIVE |
| 16 Nov 2023 | £658,453 | £650,000 | FLAT 1 169 STAFFORD STREET |
| 23 Mar 2023 | £120,149 | £119,500 | 109 CANAL HOUSE LOCK STREET |
| 21 Mar 2023 | £120,652 | £120,000 | 21 SMESTOW STREET |
| 22 Nov 2022 | £111,524 | £113,333 | 110 CANAL HOUSE LOCK STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Apr 2024 | Shoplifting | Under investigation | On or near Parking Area |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |