£181,546
This estimated value is based upon the latest sale price for the house of £37,500 on 20 Feb 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£37,500 | 20 Feb 1998 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 1998 the House Price Index for WEST MIDLANDS was 30.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 384.123%.Applying this 384.123% change to the original purchase price of £37,500 results in an estimated price of approximately £181,546.
20 Feb 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.9 | 149.7 | 384.123 % | £37,500 | £144,046 | £181,546 |
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 | 232.920 % | £87,345 | £124,845 |
3 Month Average | 313.573 % | £117,589 | £155,089 |
6 Month Average | 295.103 % | £110,663 | £148,163 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £181,577 | £180,000 | 11 LAWRENCE STREET |
4 Apr 2024 | £149,296 | £148,000 | 121 WEBSTER ROAD |
26 Mar 2024 | £137,107 | £135,000 | 130 THORNE ROAD |
15 Mar 2024 | £187,887 | £185,000 | 96 THORNE ROAD |
1 Mar 2024 | £164,528 | £162,000 | 84 WEBSTER ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 13 Nov 2013. Using an estimated price of £181,546 means this house is valued at £2,453 per sq meter (£227 per sq foot).
The average size of a house on WEBSTER ROAD is 78 sq meters (850 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near George Street |
Jun 2024 | Public order | Formal action is not in the public interest | On or near Lawrence Street |
Jun 2024 | Other theft | Under investigation | On or near Lawrence Street |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Primary Close |
Jun 2024 | Public order | Unable to prosecute suspect | On or near Thorne Road |