£115,773
This estimated value is based upon the latest sale price for the house of £115,000 on 23 Feb 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £115,000 | 23 Feb 2023 |
| Semi-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 February 2023 the House Price Index for WEST MIDLANDS was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £115,000 results in an estimated price of approximately £115,773.
| 23 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £115,000 | £773 | £115,773 |
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 | -15.999 % | £-18,398 | £96,601 |
| 3 Month Average | 3.868 % | £4,448 | £119,448 |
| 6 Month Average | -2.219 % | £-2,552 | £112,447 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jun 2024 | £325,000 | £325,000 | 54 WALSALL STREET |
| 17 Nov 2023 | £101,578 | £99,000 | 35 RUSSELL STREET |
| 31 Oct 2023 | £94,138 | £92,000 | 41 RUSSELL STREET |
| 15 Aug 2023 | £117,112 | £115,000 | UNIT 12A CHANCEL INDUSTRIAL ESTATE |
| 30 Jun 2023 | £183,681 | £180,000 | 30 ALBION ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Frederick William Street |
| Jul 2024 | Burglary | Under investigation | On or near Parking Area |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Parking Area |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |