£158,681
This estimated value is based upon the latest sale price for the house of £106,000 on 9 Jan 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£106,000 | 9 Jan 2015 |
£149,950 | 27 Aug 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 538 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 January 2015 the House Price Index for WEST MIDLANDS was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £106,000 results in an estimated price of approximately £158,681.
9 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.0 | 149.7 | 49.700 % | £106,000 | £52,681 | £158,681 |
The Postcode Pricing Model uses changes in average sales price within the B16 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 | 129.652 % | £137,431 | £243,431 |
3 Month Average | 72.340 % | £76,680 | £182,680 |
6 Month Average | 46.181 % | £48,951 | £154,951 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Jun 2023 | £97,453 | £95,500 | APARTMENT 108 50 SHERBORNE STREET |
27 Jan 2023 | £165,442 | £165,000 | APARTMENT 151 51 SHERBORNE STREET |
16 Jun 2020 | £308,045 | £252,500 | APARTMENT 122 50 SHERBORNE STREET |
2 Mar 2020 | £251,771 | £207,500 | APARTMENT 187 51 SHERBORNE STREET |
27 Jun 2019 | £153,090 | £123,000 | APARTMENT 117 50 SHERBORNE STREET |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 17 Jul 2014. Using an estimated price of £158,682 means this house is valued at £3,173 per sq meter (£294 per sq foot).
The average size of a house on SHERBORNE STREET is 57 sq meters (622 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Sherborne Street Wharf | |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Sherborne Street Wharf |
Jun 2024 | Anti-social behaviour | On or near Sherborne Street Wharf | |
Jun 2024 | Anti-social behaviour | On or near Sherborne Street Wharf | |
Jul 2024 | Public order | Under investigation | On or near Morville Street |