£165,121
This estimated value is based upon the latest sale price for the house of £125,000 on 2 Dec 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£125,000 | 2 Dec 2016 |
£104,000 | 20 Jun 2014 |
£78,000 | 9 Nov 2011 |
Terraced |
Freehold |
Floor Area: 65 sq meters or 703 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 2016 the House Price Index for WEST MIDLANDS was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £125,000 results in an estimated price of approximately £165,121.
2 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 149.7 | 32.097 % | £125,000 | £40,121 | £165,121 |
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 | 15.530 % | £19,412 | £144,412 |
3 Month Average | 55.926 % | £69,906 | £194,906 |
6 Month Average | 31.839 % | £39,798 | £164,798 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Apr 2024 | £149,296 | £148,000 | 121 WEBSTER ROAD |
1 Mar 2024 | £164,528 | £162,000 | 84 WEBSTER ROAD |
14 Apr 2023 | £456,030 | £447,500 | 2 THOMPSON CLOSE |
18 May 2022 | £233,072 | £227,000 | 27 THOMPSON CLOSE |
15 Mar 2022 | £229,665 | £220,000 | 10 BANKS STREET |
This house has a floor area of 65 sq meters or 703 sq feet when measured on 14 Oct 2011. Using an estimated price of £165,122 means this house is valued at £2,524 per sq meter (£234 per sq foot).
The average size of a house on BLOOM CLOSE is 71 sq meters (764 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bloom Close |
Apr 2024 | Anti-social behaviour | On or near Bloom Close | |
Apr 2024 | Anti-social behaviour | On or near Bloom Close | |
Apr 2024 | Anti-social behaviour | On or near Bloom Close | |
Apr 2024 | Anti-social behaviour | On or near Bloom Close |