£110,999
This estimated value is based upon the latest sale price for the house of £70,000 on 24 Mar 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£70,000 | 24 Mar 2014 |
£29,000 | 25 Mar 1996 |
Terraced |
Freehold |
Floor Area: 109 sq meters or 1,173 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 2014 the House Price Index for WEST MIDLANDS was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £70,000 results in an estimated price of approximately £110,999.
24 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.4 | 149.7 | 58.571 % | £70,000 | £40,999 | £110,999 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 26.842 % | £18,789 | £88,789 |
3 Month Average | 53.954 % | £37,767 | £107,767 |
6 Month Average | 63.455 % | £44,418 | £114,418 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Apr 2024 | £99,867 | £99,000 | 152 VICTORIA STREET |
18 Oct 2023 | £122,789 | £120,000 | 119 VICTORIA STREET |
8 Sep 2023 | £156,449 | £153,000 | 114 CLOTHIER STREET |
10 Aug 2023 | £167,012 | £164,000 | 139 CLOTHIER STREET |
26 Jun 2023 | £224,499 | £220,000 | 154 CLOTHIER STREET |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 20 Mar 2015. Using an estimated price of £111,000 means this house is valued at £1,018 per sq meter (£94 per sq foot).
The average size of a house on CLOTHIER STREET is 91 sq meters (987 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Bloxwich Road South | |
Jun 2024 | Anti-social behaviour | On or near Bloxwich Road South | |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bloxwich Road South |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clothier Street |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Clothier Street |