£81,954
This estimated value is based upon the latest sale price for the house of £62,500 on 21 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 |
---|---|
£62,500 | 21 Dec 2016 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 914 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 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £62,500 results in an estimated price of approximately £81,954.
21 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 148.6 | 31.127 % | £62,500 | £19,454 | £81,954 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 75.890 % | £47,431 | £109,931 |
3 Month Average | 40.308 % | £25,192 | £87,692 |
6 Month Average | 46.513 % | £29,070 | £91,570 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Nov 2023 | £115,713 | £114,000 | 150 POWELL STREET |
17 Nov 2023 | £101,503 | £100,000 | 60 POWELL STREET |
3 Jul 2023 | £96,296 | £95,000 | 44 LESLIE ROAD |
16 Jun 2023 | £91,104 | £90,000 | 55 POWELL STREET |
27 Jul 2022 | £118,318 | £118,000 | 1 LESLIE ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 14 Oct 2016. Using an estimated price of £81,954 means this house is valued at £964 per sq meter (£89 per sq foot).
The average size of a house on POWELL STREET is 78 sq meters (844 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Under investigation | On or near Leslie Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Leslie Road |
Apr 2024 | Bicycle theft | Unable to prosecute suspect | On or near Leslie Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Leslie Road |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Leslie Road |