£131,867
This estimated value is based upon the latest sale price for the house of £85,000 on 29 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 |
|---|---|
| £85,000 | 29 Nov 2007 |
| £140,000 | 21 Mar 2007 |
| £56,000 | 12 Mar 2004 |
| £25,500 | 9 Nov 2001 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 Mar 2024 is 148.6 which is a change of 55.138%.Applying this 55.138% change to the original purchase price of £85,000 results in an estimated price of approximately £131,867.
| 29 Nov 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.8 | 148.6 | 55.138 % | £85,000 | £46,867 | £131,867 |
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 | 76.999 % | £65,449 | £150,449 |
| 3 Month Average | 45.544 % | £38,712 | £123,712 |
| 6 Month Average | 52.763 % | £44,848 | £129,848 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £95,000 | £95,000 | 1A BADGER DRIVE |
| 11 Jul 2023 | £94,269 | £93,000 | 18 PROLE STREET |
| 28 Apr 2023 | £146,578 | £145,000 | 42 PROLE STREET |
| 21 Mar 2023 | £121,141 | £120,000 | 21 SMESTOW STREET |
| 9 Mar 2023 | £55,523 | £55,000 | 111 NINE ELMS LANE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 8 Jun 2015. Using an estimated price of £131,868 means this house is valued at £1,782 per sq meter (£165 per sq foot).
The average size of a house on SMESTOW STREET is 77 sq meters (829 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Smestow Street |
| Apr 2024 | Public order | Under investigation | On or near Smestow Street |
| Feb 2024 | Theft from the person | Unable to prosecute suspect | On or near Smestow Street |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Smestow Street |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Smestow Street |