£127,583
This estimated value is based upon the latest sale price for the house of £104,000 on 18 Dec 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£104,000 | 18 Dec 2019 |
£139,950 | 26 Nov 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 58 sq meters or 624 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 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £104,000 results in an estimated price of approximately £127,583.
18 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.676 % | £104,000 | £23,583 | £127,583 |
The Postcode Pricing Model uses changes in average sales price within the WV1 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 | -47.514 % | £-49,414 | £54,585 |
3 Month Average | 9.940 % | £10,337 | £114,337 |
6 Month Average | 11.111 % | £11,554 | £115,554 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Nov 2023 | £117,743 | £116,000 | 96 ALBION STREET |
14 Apr 2023 | £126,361 | £125,000 | 135 ALBION STREET |
23 Mar 2023 | £121,141 | £120,000 | 132 ALBION STREET |
23 Feb 2023 | £130,912 | £131,000 | 86 ALBION STREET |
9 Jan 2023 | £95,550 | £96,000 | 91 ALBION STREET |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 17 Dec 2013. Using an estimated price of £127,584 means this house is valued at £2,199 per sq meter (£204 per sq foot).
The average size of a house on ALBION STREET is 61 sq meters (659 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Union Mill Street |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Union Mill Street |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Union Mill Street |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Albion Street |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Albion Street |