£175,144
This estimated value is based upon the latest sale price for the house of £120,000 on 7 May 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£120,000 | 7 May 2015 |
£83,000 | 25 Jul 2014 |
£47,000 | 24 Mar 2000 |
Semi-Detached |
Freehold |
Floor Area: 84 sq meters or 904 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 2015 the House Price Index for WEST MIDLANDS was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £120,000 results in an estimated price of approximately £175,144.
7 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 148.6 | 45.954 % | £120,000 | £55,144 | £175,144 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 119.291 % | £143,149 | £263,149 |
3 Month Average | 58.585 % | £70,301 | £190,301 |
6 Month Average | 57.661 % | £69,193 | £189,193 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £126,619 | £125,000 | 21 GOZZARD STREET |
25 Jul 2023 | £92,241 | £91,000 | 35 BISSELL STREET |
30 Mar 2023 | £232,188 | £230,000 | 10 GOZZARD STREET |
24 Mar 2023 | £76,723 | £76,000 | 22 TEMPLE STREET |
10 Feb 2023 | £204,862 | £205,000 | THE BUNGALOW, 6 WARWICK STREET |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 23 Mar 2015. Using an estimated price of £175,145 means this house is valued at £2,085 per sq meter (£193 per sq foot).
The average size of a house on STATION ROAD is 89 sq meters (963 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Under investigation | On or near Temple Street |
Mar 2024 | Anti-social behaviour | On or near Warwick Street | |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Warwick Street |
Feb 2024 | Robbery | Under investigation | On or near Warwick Street |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Warwick Street |