£266,503
This estimated value is based upon the latest sale price for the house of £215,460 on 31 Aug 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £215,460 | 31 Aug 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 August 2018 the House Price Index for WEST MIDLANDS was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £215,460 results in an estimated price of approximately £266,503.
| 31 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £215,460 | £51,043 | £266,503 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | 31.784 % | £68,482 | £283,942 |
| 3 Month Average | 1.968 % | £4,240 | £219,700 |
| 6 Month Average | 18.390 % | £39,622 | £255,082 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £68,000 | £68,000 | 4 THE CARRIAGES LITTLE STATION STREET |
| 20 Dec 2023 | £249,312 | £244,950 | 1 HALL IRON ROAD |
| 29 Sep 2023 | £435,569 | £430,000 | 14 PARK STREET |
| 8 Sep 2023 | £60,777 | £60,000 | FLAT 18 FORDBROOK COURT HATHERTON ROAD |
| 11 Aug 2023 | £52,459 | £52,000 | 4 DAY STREET |