£153,377
This estimated value is based upon the latest sale price for the house of £88,500 on 24 Jun 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£88,500 | 24 Jun 2011 |
£49,000 | 14 Jul 2000 |
Semi-Detached |
Freehold |
Floor Area: 66 sq meters or 719 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 June 2011 the House Price Index for WEST MIDLANDS was 85.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.308%.Applying this 73.308% change to the original purchase price of £88,500 results in an estimated price of approximately £153,377.
24 Jun 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.7 | 148.6 | 73.308 % | £88,500 | £64,877 | £153,377 |
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 | 59.259 % | £52,444 | £140,944 |
3 Month Average | 51.825 % | £45,865 | £134,365 |
6 Month Average | 63.780 % | £56,445 | £144,945 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £177,267 | £175,000 | 7 EDINBURGH ROAD |
14 Sep 2023 | £192,461 | £190,000 | 104 BRADLEY LANE |
31 Jul 2023 | £192,592 | £190,000 | 47 LEES TERRACE |
22 Jun 2023 | £167,023 | £165,000 | 5 EDINBURGH ROAD |
27 Jan 2023 | £135,860 | £136,500 | 26 PRINCESS ANNE ROAD |
This house has a floor area of 66 sq meters or 719 sq feet when measured on 11 Jul 2010. Using an estimated price of £153,377 means this house is valued at £2,295 per sq meter (£213 per sq foot).
The average size of a house on LEES TERRACE is 67 sq meters (726 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lees Terrace |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lees Road |
Apr 2024 | Anti-social behaviour | On or near Lees Road | |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lees Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lees Road |