£226,584
This estimated value is based upon the latest sale price for the house of £40,500 on 30 Mar 1995. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £40,500 | 30 Mar 1995 |
| Terraced |
| Leasehold |
| Floor Area: 87 sq meters or 936 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 March 1995 the House Price Index for WEST MIDLANDS was 26.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 459.468%.Applying this 459.468% change to the original purchase price of £40,500 results in an estimated price of approximately £226,584.
| 30 Mar 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.6 | 148.6 | 459.468 % | £40,500 | £186,084 | £226,584 |
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 | 424.062 % | £171,745 | £212,245 |
| 3 Month Average | 389.598 % | £157,786 | £198,286 |
| 6 Month Average | 375.625 % | £152,128 | £192,628 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £100,488 | £99,000 | 35 RUSSELL STREET |
| 12 Jul 2023 | £108,460 | £107,000 | 31 RUSSELL STREET |
| 7 Mar 2023 | £111,046 | £110,000 | 44 RUSSELL STREET |
| 3 Feb 2023 | £144,902 | £145,000 | 68 BIRMINGHAM STREET |
| 6 Jan 2023 | £130,037 | £130,650 | 61 BIRMINGHAM STREET |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 17 Oct 2016. Using an estimated price of £226,584 means this house is valued at £2,604 per sq meter (£241 per sq foot).
The average size of a house on BIRMINGHAM STREET is 82 sq meters (892 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Mill Street | |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Mill Street |
| Apr 2024 | Anti-social behaviour | On or near Mill Street | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mill Street |
| Mar 2024 | Anti-social behaviour | On or near Mill Street |