£179,425
This estimated value is based upon the latest sale price for the house of £150,000 on 4 Sep 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £150,000 | 4 Sep 2020 |
| £32,000 | 27 May 1999 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 September 2020 the House Price Index for WEST MIDLANDS was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £150,000 results in an estimated price of approximately £179,425.
| 4 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £150,000 | £29,425 | £179,425 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | -80.027 % | £-120,041 | £29,958 |
| 3 Month Average | 27.490 % | £41,234 | £191,234 |
| 6 Month Average | 29.789 % | £44,683 | £194,683 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £215,000 | £215,000 | 87 RAINBOW STREET |
| 6 Oct 2023 | £226,136 | £221,000 | 11 DICKENS ROAD |
| 18 Aug 2023 | £178,214 | £175,000 | 28 HARDING STREET |
| 25 Jan 2023 | £151,405 | £151,000 | 39 SKIDMORE ROAD |
| 9 Sep 2022 | £119,920 | £120,000 | 16 SIDDONS ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 14 Feb 2020. Using an estimated price of £179,426 means this house is valued at £2,718 per sq meter (£252 per sq foot).
The average size of a house on SKIDMORE ROAD is 80 sq meters (866 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Harding Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Harding Street |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Harding Street |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Fieldview Close |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Fieldview Close |