£171,362
This estimated value is based upon the latest sale price for the house of £129,000 on 2 Sep 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Supermarket
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Price Paid | Date |
---|---|
£129,000 | 2 Sep 2016 |
£124,995 | 4 Apr 2008 |
£114,500 | 29 Jul 2005 |
£59,950 | 9 Nov 2001 |
£43,500 | 23 Jun 1995 |
Semi-Detached |
Freehold |
Floor Area: 57 sq meters or 613 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 September 2016 the House Price Index for WEST MIDLANDS was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £129,000 results in an estimated price of approximately £171,362.
2 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 148.6 | 32.839 % | £129,000 | £42,362 | £171,362 |
The Postcode Pricing Model uses changes in average sales price within the DY1 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 | -3.165 % | £-4,082 | £124,917 |
3 Month Average | 29.097 % | £37,534 | £166,534 |
6 Month Average | 54.078 % | £69,760 | £198,760 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £177,630 | £175,000 | 28 SHENLEY AVENUE |
12 Jun 2023 | £190,305 | £188,000 | 66 SEDGLEY ROAD |
28 Feb 2023 | £248,833 | £249,000 | 21 WREN STREET |
17 Feb 2023 | £209,859 | £210,000 | 22 WREN STREET |
9 Nov 2022 | £118,564 | £120,000 | 55 SEDGLEY ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 13 Apr 2015. Using an estimated price of £171,362 means this house is valued at £3,006 per sq meter (£279 per sq foot).
The average size of a house on SEDGLEY ROAD is 88 sq meters (954 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
Mar 2024 | Burglary | Under investigation | On or near Supermarket |
Dec 2023 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sedgley Road |