£85,508
This estimated value is based upon the latest sale price for the house of £69,000 on 31 Jul 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £69,000 | 31 Jul 2018 |
| £64,200 | 21 Jan 2015 |
| £90,000 | 5 Oct 2007 |
| £17,400 | 31 Oct 2000 |
| £20,000 | 25 May 1995 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 July 2018 the House Price Index for WEST MIDLANDS was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £69,000 results in an estimated price of approximately £85,508.
| 31 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £69,000 | £16,508 | £85,508 |
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 | 50.370 % | £34,754 | £103,754 |
| 3 Month Average | 23.506 % | £16,219 | £85,219 |
| 6 Month Average | 23.836 % | £16,447 | £85,447 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £60,902 | £60,000 | 55 WALTHO STREET |
| 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 |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 25 Jul 2016. Using an estimated price of £85,509 means this house is valued at £1,140 per sq meter (£105 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 | Violence and sexual offences | Under investigation | On or near Jackson Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jackson Street |
| Mar 2024 | Possession of weapons | Under investigation | On or near Jackson Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jackson Street |
| Mar 2024 | Robbery | Under investigation | On or near Jackson Street |