£379,402
This estimated value is based upon the latest sale price for the house of £305,000 on 29 Jun 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £305,000 | 29 Jun 2018 |
| Detached |
| Freehold |
| Floor Area: 149 sq meters or 1,603 sq feet |
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 June 2018 the House Price Index for WEST MIDLANDS was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £305,000 results in an estimated price of approximately £379,402.
| 29 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £305,000 | £74,402 | £379,402 |
The Postcode Pricing Model uses changes in average sales price within the DY4 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 | 6.606 % | £20,149 | £325,149 |
| 3 Month Average | -4.582 % | £-13,975 | £291,024 |
| 6 Month Average | 21.923 % | £66,866 | £371,866 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2023 | £268,432 | £265,000 | 64 SEDGLEY ROAD WEST |
| 7 Jul 2023 | £258,479 | £255,000 | 22 EVANS CLOSE |
| 10 Mar 2023 | £252,378 | £250,000 | 63 SEDGLEY ROAD WEST |
| 5 Aug 2022 | £179,517 | £180,000 | 27 EVANS CLOSE |
| 8 Jun 2022 | £370,232 | £365,000 | 6 OAKSHERD MEWS |
This house has a floor area of 149 sq meters or 1,603 sq feet when measured on 28 Dec 2017. Using an estimated price of £379,402 means this house is valued at £2,546 per sq meter (£236 per sq foot).
The average size of a house on SEDGLEY ROAD is 150 sq meters (1,615 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Oaksherd Mews |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Oaksherd Mews |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Benbeck Grove |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near George Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Sedgley Road West |