£54,513
This estimated value is based upon the latest sale price for the house of £35,000 on 2 May 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£35,000 | 2 May 2014 |
£17,000 | 15 Sep 1999 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 775 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 May 2014 the House Price Index for WEST MIDLANDS was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £35,000 results in an estimated price of approximately £54,513.
2 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 149.7 | 55.753 % | £35,000 | £19,513 | £54,513 |
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 | 40.715 % | £14,250 | £49,250 |
3 Month Average | 65.641 % | £22,974 | £57,974 |
6 Month Average | 61.909 % | £21,668 | £56,668 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jun 2024 | £81,500 | £81,500 | 23 LATIMER STREET |
24 Apr 2024 | £99,867 | £99,000 | 152 VICTORIA STREET |
22 Nov 2023 | £99,526 | £97,000 | 15 VICTORIA STREET |
18 Oct 2023 | £122,789 | £120,000 | 119 VICTORIA STREET |
30 Jun 2023 | £163,272 | £160,000 | 36 VICTORIA STREET |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 17 Jul 2020. Using an estimated price of £54,514 means this house is valued at £757 per sq meter (£70 per sq foot).
The average size of a house on VICTORIA STREET is 76 sq meters (827 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Street |
May 2024 | Other crime | Unable to prosecute suspect | On or near Victoria Street |
Jun 2024 | Anti-social behaviour | On or near Bloxwich Road South | |
Jun 2024 | Anti-social behaviour | On or near Bloxwich Road South | |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bloxwich Road South |