£148,394
This estimated value is based upon the latest sale price for the house of £94,950 on 23 Nov 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£94,950 | 23 Nov 2007 |
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 November 2007 the House Price Index for WEST MIDLANDS was 95.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.287%.Applying this 56.287% change to the original purchase price of £94,950 results in an estimated price of approximately £148,394.
23 Nov 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.8 | 149.7 | 56.287 % | £94,950 | £53,444 | £148,394 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 4.422 % | £4,198 | £99,148 |
3 Month Average | 42.605 % | £40,453 | £135,403 |
6 Month Average | 49.295 % | £46,805 | £141,755 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £187,887 | £185,000 | 8 OLD FALLINGS CRESCENT |
8 Mar 2024 | £152,341 | £150,000 | 19 FOURTH AVENUE |
13 Oct 2023 | £167,300 | £163,500 | 75 FIRST AVENUE |
10 Aug 2022 | £155,728 | £155,000 | 55 FOURTH AVENUE |
29 Apr 2022 | £160,800 | £155,000 | 98 FOURTH AVENUE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 4 Dec 2015. Using an estimated price of £148,394 means this house is valued at £2,119 per sq meter (£196 per sq foot).
There is one other house on the street which we know the size of, this is 20 SHARMAN ROAD it is 60.0
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Sharman Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Sharman Road |
Jul 2024 | Anti-social behaviour | On or near Sharman Road | |
May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Sharman Road |
Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Sharman Road |