£120,312
This estimated value is based upon the latest sale price for the house of £119,750 on 11 Aug 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £119,750 | 11 Aug 2022 |
| 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 2022 the House Price Index for WEST MIDLANDS was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £119,750 results in an estimated price of approximately £120,312.
| 11 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £119,750 | £562 | £120,312 |
The Postcode Pricing Model uses changes in average sales price within the WS3 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 | -7.225 % | £-8,651 | £111,098 |
| 3 Month Average | -12.563 % | £-15,043 | £104,706 |
| 6 Month Average | -1.521 % | £-1,821 | £117,928 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £228,295 | £222,500 | 7 CHAPEL STREET |
| 24 Nov 2023 | £205,209 | £200,000 | 28 HIGH STREET |
| 3 Nov 2023 | £232,912 | £227,000 | 30 ASHTREE ROAD |
| 17 Oct 2023 | £222,555 | £217,500 | 25 CHAPEL STREET |
| 12 Oct 2023 | £603,712 | £590,000 | 35A HIGH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Shoplifting | Under investigation | On or near High Street |
| Jul 2024 | Shoplifting | Unable to prosecute suspect | On or near High Street |
| Jun 2024 | Shoplifting | Unable to prosecute suspect | On or near High Street |
| Jun 2024 | Anti-social behaviour | On or near High Street | |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near High Street |