£47,505
This estimated value is based upon the latest sale price for the house of £30,000 on 25 Feb 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £30,000 | 25 Feb 2014 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 February 2014 the House Price Index for WEST MIDLANDS was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £30,000 results in an estimated price of approximately £47,505.
| 25 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £30,000 | £17,505 | £47,505 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 118.594 % | £35,578 | £65,578 |
| 3 Month Average | 56.895 % | £17,068 | £47,068 |
| 6 Month Average | 51.772 % | £15,531 | £45,531 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £197,526 | £195,000 | 69 WALTHO STREET |
| 14 Jul 2023 | £72,475 | £71,500 | 51 CRADDOCK STREET |
| 1 Jun 2023 | £85,030 | £84,000 | 5 CRADDOCK STREET |
| 18 Nov 2022 | £118,564 | £120,000 | 58 WARMLEY CLOSE |
| 3 Nov 2022 | £118,564 | £120,000 | 72 CRADDOCK STREET |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 1 Feb 2014. Using an estimated price of £47,506 means this house is valued at £516 per sq meter (£47 per sq foot).
The average size of a house on CRADDOCK STREET is 83 sq meters (900 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Warmley Close | |
| Mar 2024 | Vehicle crime | Awaiting court outcome | On or near Warmley Close |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Warmley Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Warmley Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Warmley Close |