£176,658
This estimated value is based upon the latest sale price for the house of £118,000 on 28 Oct 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £118,000 | 28 Oct 2014 |
| Terraced |
| Freehold |
| Floor Area: 52 sq meters or 559 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 October 2014 the House Price Index for WEST MIDLANDS was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £118,000 results in an estimated price of approximately £176,658.
| 28 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £118,000 | £58,658 | £176,658 |
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 | 105.852 % | £124,905 | £242,905 |
| 3 Month Average | 49.847 % | £58,819 | £176,819 |
| 6 Month Average | 42.272 % | £49,880 | £167,880 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £197,072 | £194,950 | 12 ST JUDES ROAD |
| 13 Jan 2023 | £164,226 | £165,000 | 14 ST EDMUNDS CLOSE |
| 26 Aug 2022 | £209,436 | £210,000 | 28 ALLEN ROAD |
| 25 Aug 2022 | £154,584 | £155,000 | 78 RICHES STREET |
| 20 May 2022 | £152,881 | £150,000 | 77 RICHES STREET |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 3 Jun 2015. Using an estimated price of £176,659 means this house is valued at £3,397 per sq meter (£315 per sq foot).
The average size of a house on RICHES STREET is 84 sq meters (908 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stokes Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Stokes Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stokes Gardens |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Riches Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Allen Road |