£118,116
This estimated value is based upon the latest sale price for the house of £78,000 on 29 Aug 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Edinburgh Road
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| Price Paid | Date |
|---|---|
| £78,000 | 29 Aug 2014 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 769 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 August 2014 the House Price Index for WEST MIDLANDS was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £78,000 results in an estimated price of approximately £118,116.
| 29 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £78,000 | £40,116 | £118,116 |
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 | 76.353 % | £59,555 | £137,555 |
| 3 Month Average | 37.311 % | £29,102 | £107,102 |
| 6 Month Average | 48.706 % | £37,990 | £115,990 |
| 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 71 sq meters or 769 sq feet when measured on 4 May 2010. Using an estimated price of £118,117 means this house is valued at £1,651 per sq meter (£153 per sq foot).
The average size of a house on PRINCESS SQUARE is 111 sq meters (1,204 sq feet).
This house is the smallest in the street with a floor area of 71 sq meters (769 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edinburgh Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Edinburgh Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Edinburgh Road |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Edinburgh Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Edinburgh Road |