£60,735
This estimated value is based upon the latest sale price for the house of £60,000 on 2 Jun 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £60,000 | 2 Jun 2023 |
| £30,000 | 6 Mar 1998 |
| Flats/Maisonettes |
| Leasehold |
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 June 2023 the House Price Index for WEST MIDLANDS was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £60,000 results in an estimated price of approximately £60,735.
| 2 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £60,000 | £735 | £60,735 |
The Postcode Pricing Model uses changes in average sales price within the WS4 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 | -16.567 % | £-9,940 | £50,059 |
| 3 Month Average | -31.622 % | £-18,972 | £41,027 |
| 6 Month Average | -7.033 % | £-4,219 | £55,780 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £81,202 | £80,000 | FLAT 6 WILLOW HOUSE SPRINGHILL CLOSE |
| 1 Nov 2023 | £69,022 | £68,000 | FLAT 7 MAPLE HOUSE SPRINGHILL CLOSE |
| 15 Sep 2023 | £212,720 | £210,000 | CORONATION COTTAGES, 56 SPRING ROAD |
| 25 Aug 2023 | £75,662 | £75,000 | FLAT 4 MAPLE HOUSE SPRINGHILL CLOSE |
| 13 Jul 2023 | £317,270 | £313,000 | 11 STREAM MEADOW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Schoolgate Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Schoolgate Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Schoolgate Close |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Supermarket |