£99,897
This estimated value is based upon the latest sale price for the house of £43,000 on 7 Jul 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £43,000 | 7 Jul 2003 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 635 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 July 2003 the House Price Index for WEST MIDLANDS was 64.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 132.320%.Applying this 132.320% change to the original purchase price of £43,000 results in an estimated price of approximately £99,897.
| 7 Jul 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.0 | 148.6 | 132.320 % | £43,000 | £56,897 | £99,897 |
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 | 230.764 % | £99,228 | £142,228 |
| 3 Month Average | 146.152 % | £62,845 | £105,845 |
| 6 Month Average | 163.377 % | £70,251 | £113,251 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £140,000 | £140,000 | 34 FIRST AVENUE |
| 8 Apr 2022 | £180,215 | £175,000 | 14 HIGHAM WAY |
| 29 Sep 2021 | £172,415 | £160,000 | 4 BURBAGE CLOSE |
| 4 Jun 2021 | £171,668 | £160,000 | 17 HIGHAM WAY |
| 7 Dec 2020 | £118,214 | £103,000 | 60 SIMPSON ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 23 Jan 2013. Using an estimated price of £99,898 means this house is valued at £1,693 per sq meter (£157 per sq foot).
The average size of a house on SIMPSON ROAD is 80 sq meters (865 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Unable to prosecute suspect | On or near Simpson Grove |
| Apr 2024 | Anti-social behaviour | On or near Simpson Grove | |
| Apr 2024 | Other crime | Unable to prosecute suspect | On or near Simpson Grove |
| Apr 2024 | Public order | Under investigation | On or near Simpson Grove |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Simpson Grove |