£126,757
This estimated value is based upon the latest sale price for the house of £73,000 on 16 Dec 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£73,000 | 16 Dec 2011 |
£34,000 | 21 Jul 2000 |
£33,500 | 21 Jun 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 47 sq meters or 506 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 2011 the House Price Index for WEST MIDLANDS was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £73,000 results in an estimated price of approximately £126,757.
16 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 149.7 | 73.641 % | £73,000 | £53,757 | £126,757 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 107.292 % | £78,323 | £151,323 |
3 Month Average | 79.844 % | £58,286 | £131,286 |
6 Month Average | 82.807 % | £60,448 | £133,448 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £337,935 | £335,000 | 16 BOURNE STREET |
14 Dec 2023 | £255,346 | £247,500 | 9 CORFE ROAD |
22 Sep 2023 | £182,012 | £178,000 | 6 ELLENVALE CLOSE |
7 Jun 2023 | £243,888 | £239,000 | 13 CORFE ROAD |
31 Mar 2023 | £72,206 | £71,000 | FLAT 8 BOURNE HOUSE BOURNE STREET |
This house has a floor area of 47 sq meters or 506 sq feet when measured on 18 May 2011. Using an estimated price of £126,758 means this house is valued at £2,692 per sq meter (£250 per sq foot).
The average size of a house on BOURNE STREET is 120 sq meters (1,302 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Public order | Unable to prosecute suspect | On or near Bond Street |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near King Street |
May 2024 | Anti-social behaviour | On or near Caddick Street | |
May 2024 | Anti-social behaviour | On or near Caddick Street | |
May 2024 | Anti-social behaviour | On or near Caddick Street |