£203,159
This estimated value is based upon the latest sale price for the house of £117,000 on 22 Dec 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£117,000 | 22 Dec 2011 |
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 December 2011 the House Price Index for WEST MIDLANDS was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £117,000 results in an estimated price of approximately £203,159.
22 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 149.7 | 73.641 % | £117,000 | £86,159 | £203,159 |
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 | 64.818 % | £75,837 | £192,837 |
3 Month Average | 84.502 % | £98,867 | £215,867 |
6 Month Average | 80.868 % | £94,615 | £211,615 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £175,389 | £170,000 | 4 CROFT STREET |
2 Jun 2023 | £91,840 | £90,000 | 18 PINSON ROAD |
9 Mar 2023 | £177,972 | £175,000 | FALCON INN GOMER STREET WEST |
15 Nov 2022 | £159,255 | £160,000 | 8 ST STEPHENS AVENUE |
21 Oct 2022 | £229,234 | £230,000 | 12 MEMORIAL CLOSE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 30 Sep 2013. Using an estimated price of £203,160 means this house is valued at £3,078 per sq meter (£285 per sq foot).
The average size of a house on PINSON ROAD is 90 sq meters (978 sq feet).
This house is the smallest in the street with a floor area of 66 sq meters (710 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Under investigation | On or near Dartmouth Avenue |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dartmouth Avenue |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dartmouth Avenue |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B4484 |