£116,647
This estimated value is based upon the latest sale price for the house of £25,000 on 10 Aug 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£25,000 | 10 Aug 1998 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 August 1998 the House Price Index for WEST MIDLANDS was 31.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 366.588%.Applying this 366.588% change to the original purchase price of £25,000 results in an estimated price of approximately £116,647.
10 Aug 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.8 | 148.6 | 366.588 % | £25,000 | £91,647 | £116,647 |
The Postcode Pricing Model uses changes in average sales price within the B66 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 | 56.049 % | £14,012 | £39,012 |
3 Month Average | 284.193 % | £71,048 | £96,048 |
6 Month Average | 363.537 % | £90,884 | £115,884 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £152,671 | £150,000 | 99 SALISBURY ROAD |
21 Apr 2023 | £200,155 | £198,000 | 66 WINDMILL LANE |
24 Mar 2023 | £164,550 | £163,000 | 18 SALISBURY ROAD |
11 Nov 2022 | £133,384 | £135,000 | 91 WINDMILL LANE |
14 Apr 2022 | £127,695 | £124,000 | 20 SALISBURY ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 27 Nov 2014. Using an estimated price of £116,647 means this house is valued at £1,476 per sq meter (£137 per sq foot).
The average size of a house on WINDMILL LANE is 88 sq meters (953 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Under investigation | On or near Salisbury Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Salisbury Road |
Feb 2024 | Drugs | Local resolution | On or near Salisbury Road |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Salisbury Road |
Feb 2024 | Drugs | Local resolution | On or near Salisbury Road |