£126,276
This estimated value is based upon the latest sale price for the house of £92,500 on 26 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 |
---|---|
£92,500 | 26 Feb 2016 |
Terraced |
Freehold |
Floor Area: 66 sq meters or 710 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 Mar 2024 is 148.6 which is a change of 36.515%.Applying this 36.515% change to the original purchase price of £92,500 results in an estimated price of approximately £126,276.
26 Feb 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.9 | 148.6 | 36.515 % | £92,500 | £33,776 | £126,276 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | -0.300 % | £-277 | £92,222 |
3 Month Average | 17.003 % | £15,727 | £108,227 |
6 Month Average | 47.552 % | £43,985 | £136,485 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Aug 2023 | £211,853 | £210,000 | 27 LEVESON ROAD |
24 Mar 2023 | £201,902 | £200,000 | 42 LEVESON ROAD |
6 Jan 2023 | £243,851 | £245,000 | 134 KITCHEN LANE |
11 Nov 2022 | £96,827 | £98,000 | 104 KITCHEN LANE |
25 Mar 2022 | £155,439 | £150,000 | 27 PHILLIPS AVENUE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 27 Jan 2017. Using an estimated price of £126,277 means this house is valued at £1,913 per sq meter (£177 per sq foot).
The average size of a house on PHILLIPS AVENUE is 79 sq meters (860 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Unable to prosecute suspect | On or near Parker Road |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parker Road |
Mar 2024 | Anti-social behaviour | On or near Anslow Gardens | |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Anslow Gardens |
Mar 2024 | Other theft | Unable to prosecute suspect | On or near Anslow Gardens |