£157,104
This estimated value is based upon the latest sale price for the house of £90,000 on 6 Nov 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£90,000 | 6 Nov 2009 |
Terraced |
Freehold |
Floor Area: 105 sq meters or 1,133 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 2009 the House Price Index for WEST MIDLANDS was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.561%.Applying this 74.561% change to the original purchase price of £90,000 results in an estimated price of approximately £157,104.
6 Nov 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.1 | 148.6 | 74.561 % | £90,000 | £67,104 | £157,104 |
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 | 84.267 % | £75,840 | £165,840 |
3 Month Average | 55.470 % | £49,922 | £139,922 |
6 Month Average | 60.077 % | £54,069 | £144,069 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Sep 2023 | £266,406 | £263,000 | 21 PROVIDENCE ROW |
27 Jul 2023 | £177,387 | £175,000 | 16 CHAD ROAD |
24 Aug 2022 | £279,248 | £280,000 | 5 DENISE DRIVE |
7 Apr 2022 | £200,296 | £194,500 | 4 PROVIDENCE ROW |
19 Nov 2021 | £264,971 | £245,000 | THE WILLOWS HOSPITAL LANE |
This house has a floor area of 105 sq meters or 1,133 sq feet when measured on 29 Jun 2009. Using an estimated price of £157,105 means this house is valued at £1,491 per sq meter (£138 per sq foot).
The average size of a house on HOSPITAL LANE is 103 sq meters (1,109 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hospital Lane |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Portland Place |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Portland Place |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Portland Place |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Grange Road |