£152,440
This estimated value is based upon the latest sale price for the house of £122,500 on 15 Feb 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £122,500 | 15 Feb 2019 |
| £85,000 | 28 Feb 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £122,500 results in an estimated price of approximately £152,440.
| 15 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £122,500 | £29,940 | £152,440 |
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 | 13.289 % | £16,278 | £138,778 |
| 3 Month Average | 46.230 % | £56,631 | £179,131 |
| 6 Month Average | 37.724 % | £46,212 | £168,712 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £180,090 | £176,000 | 5 PRIMARY CLOSE |
| 8 Sep 2023 | £156,449 | £153,000 | 114 CLOTHIER STREET |
| 10 Aug 2023 | £167,012 | £164,000 | 139 CLOTHIER STREET |
| 26 Jun 2023 | £224,499 | £220,000 | 154 CLOTHIER STREET |
| 16 Jun 2023 | £183,681 | £180,000 | 85 THORNE ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 1 Nov 2018. Using an estimated price of £152,440 means this house is valued at £1,905 per sq meter (£177 per sq foot).
The average size of a house on BORROW STREET is 98 sq meters (1,058 sq feet).
This house is the largest in the street with a floor area of 80 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Borrow Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Borrow Street |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Borrow Street |
| Jun 2024 | Anti-social behaviour | On or near Borrow Street | |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Borrow Street |