£331,765
This estimated value is based upon the latest sale price for the house of £249,950 on 25 Nov 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £249,950 | 25 Nov 2016 |
| £148,000 | 1 Jul 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 104 sq meters or 1,119 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 November 2016 the House Price Index for WEST MIDLANDS was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £249,950 results in an estimated price of approximately £331,765.
| 25 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £249,950 | £81,815 | £331,765 |
The Postcode Pricing Model uses changes in average sales price within the B16 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 | 57.917 % | £144,763 | £394,713 |
| 3 Month Average | 55.260 % | £138,122 | £388,072 |
| 6 Month Average | 45.866 % | £114,641 | £364,591 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £167,575 | £165,000 | APARTMENT 45 128 MORVILLE STREET |
| 20 Dec 2023 | £247,609 | £240,000 | APARTMENT 84 128 MORVILLE STREET |
| 24 Aug 2022 | £426,997 | £425,000 | APARTMENT 89 128 MORVILLE STREET |
| 26 Oct 2020 | £223,354 | £189,000 | APARTMENT 16 128 MORVILLE STREET |
| 2 Sep 2020 | £263,158 | £220,000 | APARTMENT 60 THE GLASSHOUSE, 3 CANAL SQUARE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 13 Aug 2016. Using an estimated price of £331,766 means this house is valued at £3,190 per sq meter (£296 per sq foot).
The average size of a house on MORVILLE STREET is 74 sq meters (797 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Bellcroft |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Bellcroft |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bellcroft |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Bellcroft |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Sherborne Street Wharf |