£199,412
This estimated value is based upon the latest sale price for the house of £145,000 on 18 Feb 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£145,000 | 18 Feb 2016 |
£100,000 | 22 May 2009 |
Flats/Maisonettes |
Leasehold |
Floor Area: 42 sq meters or 452 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 February 2016 the House Price Index for WEST MIDLANDS was 108.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 37.526%.Applying this 37.526% change to the original purchase price of £145,000 results in an estimated price of approximately £199,412.
18 Feb 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.9 | 149.7 | 37.526 % | £145,000 | £54,412 | £199,412 |
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 | 102.257 % | £148,272 | £293,272 |
3 Month Average | 49.514 % | £71,795 | £216,795 |
6 Month Average | 52.010 % | £75,414 | £220,414 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Oct 2020 | £107,541 | £91,000 | APARTMENT 859 58 SHERBORNE STREET |
5 Aug 2020 | £99,051 | £82,000 | APARTMENT 824 58 SHERBORNE STREET |
13 Mar 2020 | £190,496 | £157,000 | APARTMENT 785 58 SHERBORNE STREET |
14 Aug 2019 | £195,868 | £158,000 | APARTMENT 784 58 SHERBORNE STREET |
21 Dec 2018 | £205,047 | £165,000 | APARTMENT 920 58 SHERBORNE STREET |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 21 Feb 2019. Using an estimated price of £199,412 means this house is valued at £4,747 per sq meter (£441 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 | |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sherborne Street |
Jul 2024 | Anti-social behaviour | On or near Sherborne Street | |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Sherborne Street |
Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Sherborne Street |