£251,659
This estimated value is based upon the latest sale price for the house of £252,000 on 1 Jul 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £252,000 | 1 Jul 2022 |
| £213,000 | 10 Nov 2021 |
| £140,000 | 22 Jul 2011 |
| £147,950 | 23 Apr 2004 |
| Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2022 the House Price Index for WEST MIDLANDS was 148.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.135%.Applying this -0.135% change to the original purchase price of £252,000 results in an estimated price of approximately £251,659.
| 1 Jul 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.0 | -0.135 % | £252,000 | £-340 | £251,659 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | -22.531 % | £-56,778 | £195,221 |
| 3 Month Average | -17.182 % | £-43,299 | £208,700 |
| 6 Month Average | -7.836 % | £-19,747 | £232,252 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Mar 2023 | £432,337 | £430,000 | 169 - 171 HALESOWEN ROAD |
| 28 Feb 2023 | £94,553 | £95,000 | 22 ELBOW STREET |
| 4 Jan 2023 | £90,703 | £91,500 | 57 ELBOW STREET |
| 1 Jul 2022 | £251,660 | £252,000 | 6 SLATER CLOSE |
| 22 Jun 2022 | £183,863 | £182,000 | 2 ELBOW STREET |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 14 Sep 2021. Using an estimated price of £251,660 means this house is valued at £3,032 per sq meter (£281 per sq foot).
The average size of a house on SLATER CLOSE is 106 sq meters (1,151 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near King Street | |
| Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near King Street |
| Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near King Street |
| Apr 2024 | Shoplifting | Under investigation | On or near King Street |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near King Street |