£421,624
This estimated value is based upon the latest sale price for the house of £320,000 on 15 Nov 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £320,000 | 15 Nov 2016 |
| 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 November 2016 the House Price Index for WEST MIDLANDS was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £320,000 results in an estimated price of approximately £421,624.
| 15 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £320,000 | £101,624 | £421,624 |
The Postcode Pricing Model uses changes in average sales price within the WS1 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 | -41.546 % | £-132,948 | £187,051 |
| 3 Month Average | -12.415 % | £-39,727 | £280,272 |
| 6 Month Average | 26.293 % | £84,137 | £404,137 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £254,452 | £250,000 | 275 WEST BROMWICH ROAD |
| 29 Sep 2023 | £174,228 | £172,000 | 233 WEST BROMWICH ROAD |
| 27 Sep 2023 | £121,554 | £120,000 | 18 HAWES ROAD |
| 27 Sep 2023 | £164,098 | £162,000 | 164 WEST BROMWICH ROAD |
| 20 Apr 2023 | £156,687 | £155,000 | 152 WEST BROMWICH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Supermarket |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Supermarket |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Supermarket |
| Jan 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |