£196,348
This estimated value is based upon the latest sale price for the house of £176,000 on 18 Aug 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £176,000 | 18 Aug 2021 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 August 2021 the House Price Index for WEST MIDLANDS was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £176,000 results in an estimated price of approximately £196,348.
| 18 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.6 | 11.562 % | £176,000 | £20,348 | £196,348 |
The Postcode Pricing Model uses changes in average sales price within the DY4 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 | -5.979 % | £-10,522 | £165,477 |
| 3 Month Average | -30.335 % | £-53,390 | £122,609 |
| 6 Month Average | -18.919 % | £-33,296 | £142,703 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £224,427 | £220,500 | 10 WATERFIELD CLOSE |
| 5 Sep 2023 | £268,432 | £265,000 | 64 SEDGLEY ROAD WEST |
| 7 Jul 2023 | £258,479 | £255,000 | 22 EVANS CLOSE |
| 10 Mar 2023 | £252,378 | £250,000 | 63 SEDGLEY ROAD WEST |
| 5 Aug 2022 | £179,517 | £180,000 | 27 EVANS CLOSE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 5 Feb 2020. Using an estimated price of £196,348 means this house is valued at £2,181 per sq meter (£202 per sq foot).
The average size of a house on SEDGLEY ROAD WEST is 128 sq meters (1,382 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near George Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Benbeck Grove |
| Mar 2024 | Vehicle crime | Under investigation | On or near Oaksherd Mews |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Oaksherd Mews |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Sedgley Road West |