£240,445
This estimated value is based upon the latest sale price for the house of £196,000 on 13 Dec 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £196,000 | 13 Dec 2019 |
| £125,000 | 2 Aug 2013 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 December 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £196,000 results in an estimated price of approximately £240,445.
| 13 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £196,000 | £44,445 | £240,445 |
The Postcode Pricing Model uses changes in average sales price within the DY3 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 | 36.640 % | £71,814 | £267,814 |
| 3 Month Average | 32.200 % | £63,112 | £259,112 |
| 6 Month Average | 20.454 % | £40,090 | £236,090 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £109,923 | £108,000 | 42 CLARENCE STREET |
| 27 Nov 2023 | £241,577 | £238,000 | 3 THE PADDOCK |
| 14 Nov 2023 | £192,855 | £190,000 | RIVENDELL, 2 CLARENCE STREET |
| 22 Sep 2023 | £177,267 | £175,000 | 7 TUDOR ROAD |
| 25 Aug 2023 | £173,518 | £172,000 | 58 CLARENCE STREET |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 20 Nov 2013. Using an estimated price of £240,446 means this house is valued at £3,043 per sq meter (£282 per sq foot).
The average size of a house on THE PADDOCK is 131 sq meters (1,417 sq feet).
This house is the smallest in the street with a floor area of 79 sq meters (850 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Action to be taken by another organisation | On or near Priors Mill |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Priors Mill |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Clarence Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Highgate |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |