£189,212
This estimated value is based upon the latest sale price for the house of £112,000 on 24 Nov 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£112,000 | 24 Nov 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 55 sq meters or 596 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 2006 the House Price Index for WEST MIDLANDS was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.940%.Applying this 68.940% change to the original purchase price of £112,000 results in an estimated price of approximately £189,212.
24 Nov 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.6 | 149.7 | 68.940 % | £112,000 | £77,212 | £189,212 |
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 | 37.557 % | £42,064 | £154,064 |
3 Month Average | 54.997 % | £61,596 | £173,596 |
6 Month Average | 55.057 % | £61,663 | £173,663 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £198,087 | £192,000 | 170 WALSALL ROAD |
17 Nov 2023 | £101,578 | £99,000 | 35 RUSSELL STREET |
31 Oct 2023 | £94,138 | £92,000 | 41 RUSSELL STREET |
16 Oct 2023 | £158,602 | £155,000 | 63 BIRMINGHAM STREET |
7 Mar 2023 | £111,868 | £110,000 | 44 RUSSELL STREET |
This house has a floor area of 55 sq meters or 596 sq feet when measured on 9 Jan 2009. Using an estimated price of £189,212 means this house is valued at £3,412 per sq meter (£317 per sq foot).
The average size of a house on RUSSELL STREET is 73 sq meters (794 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Russell Street |
Jul 2024 | Drugs | Under investigation | On or near Russell Street |
Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Russell Street |
Jun 2024 | Possession of weapons | Under investigation | On or near Russell Street |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Russell Street |