£100,694
This estimated value is based upon the latest sale price for the house of £74,000 on 15 Mar 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£74,000 | 15 Mar 2016 |
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 March 2016 the House Price Index for WEST MIDLANDS was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £74,000 results in an estimated price of approximately £100,694.
15 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 149.7 | 36.074 % | £74,000 | £26,694 | £100,694 |
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 | 5.511 % | £4,078 | £78,078 |
3 Month Average | 40.059 % | £29,643 | £103,643 |
6 Month Average | 46.628 % | £34,504 | £108,504 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £152,341 | £150,000 | 19 FOURTH AVENUE |
1 Mar 2024 | £142,185 | £140,000 | 34 FIRST AVENUE |
13 Oct 2023 | £167,300 | £163,500 | 75 FIRST AVENUE |
8 Apr 2022 | £181,549 | £175,000 | 14 HIGHAM WAY |
4 Jun 2021 | £172,939 | £160,000 | 17 HIGHAM WAY |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 23 Jan 2016. Using an estimated price of £100,694 means this house is valued at £1,525 per sq meter (£141 per sq foot).
The average size of a house on SIMPSON ROAD is 80 sq meters (865 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Kendrick Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Kendrick Road |
Jul 2024 | Theft from the person | Under investigation | On or near Kendrick Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Kendrick Road |
May 2024 | Other crime | Under investigation | On or near Kendrick Road |