£142,360
This estimated value is based upon the latest sale price for the house of £86,000 on 18 Dec 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £86,000 | 18 Dec 2006 |
| £54,995 | 9 Aug 2002 |
| £47,950 | 22 Jul 2002 |
| £33,750 | 18 Dec 1998 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 878 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 December 2006 the House Price Index for WEST MIDLANDS was 89.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.536%.Applying this 65.536% change to the original purchase price of £86,000 results in an estimated price of approximately £142,360.
| 18 Dec 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 148.6 | 65.536 % | £86,000 | £56,360 | £142,360 |
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 | 74.469 % | £64,043 | £150,043 |
| 3 Month Average | 58.737 % | £50,513 | £136,513 |
| 6 Month Average | 54.485 % | £46,857 | £132,857 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £100,488 | £99,000 | 35 RUSSELL STREET |
| 12 Jul 2023 | £108,460 | £107,000 | 31 RUSSELL STREET |
| 7 Mar 2023 | £111,046 | £110,000 | 44 RUSSELL STREET |
| 3 Feb 2023 | £144,902 | £145,000 | 68 BIRMINGHAM STREET |
| 6 Jan 2023 | £130,037 | £130,650 | 61 BIRMINGHAM STREET |
This house has a floor area of 81 sq meters or 878 sq feet when measured on 14 Jul 2010. Using an estimated price of £142,361 means this house is valued at £1,743 per sq meter (£162 per sq foot).
The average size of a house on BIRMINGHAM STREET is 82 sq meters (892 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Mill Street | |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Mill Street |
| Apr 2024 | Anti-social behaviour | On or near Mill Street | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mill Street |
| Mar 2024 | Anti-social behaviour | On or near Mill Street |