£56,049
This estimated value is based upon the latest sale price for the house of £15,900 on 23 Mar 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£15,900 | 23 Mar 2001 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 March 2001 the House Price Index for WEST MIDLANDS was 42.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 252.510%.Applying this 252.510% change to the original purchase price of £15,900 results in an estimated price of approximately £56,049.
23 Mar 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
42.5 | 149.7 | 252.510 % | £15,900 | £40,149 | £56,049 |
The Postcode Pricing Model uses changes in average sales price within the WV1 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 | 501.758 % | £79,779 | £95,679 |
3 Month Average | 309.780 % | £49,255 | £65,155 |
6 Month Average | 287.485 % | £45,710 | £61,610 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Mar 2024 | £137,107 | £135,000 | 26 HARGREAVES STREET |
22 Mar 2024 | £132,028 | £130,000 | 383 BILSTON ROAD |
20 Dec 2023 | £572,595 | £555,000 | UNIT 3 CULLWICK STREET |
18 Sep 2023 | £230,072 | £225,000 | 45 HOLLOWAY STREET |
15 Aug 2023 | £112,020 | £110,000 | 42 HOLLOWAY STREET |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 25 Feb 2014. Using an estimated price of £56,049 means this house is valued at £800 per sq meter (£74 per sq foot).
The average size of a house on HOLLOWAY STREET is 87 sq meters (938 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Drugs | Under investigation | On or near Holloway Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Hargreaves Street |
Jun 2024 | Other crime | Awaiting court outcome | On or near Hargreaves Street |
May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hargreaves Street |
May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hargreaves Street |