£141,410
This estimated value is based upon the latest sale price for the house of £92,000 on 27 Jun 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £92,000 | 27 Jun 2014 |
| Semi-Detached |
| 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 June 2014 the House Price Index for WEST MIDLANDS was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £92,000 results in an estimated price of approximately £141,410.
| 27 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.6 | 53.707 % | £92,000 | £49,410 | £141,410 |
The Postcode Pricing Model uses changes in average sales price within the DY4 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 | 27.745 % | £25,525 | £117,525 |
| 3 Month Average | 12.804 % | £11,779 | £103,779 |
| 6 Month Average | 35.907 % | £33,034 | £125,034 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2023 | £120,035 | £118,500 | 15 TOZER STREET |
| 27 Jul 2023 | £227,056 | £224,000 | 10 LICHFIELD STREET |
| 21 Jun 2023 | £190,305 | £188,000 | 5 LICHFIELD STREET |
| 24 Nov 2022 | £38,533 | £39,000 | 13 CHURCHFIELD AVENUE |
| 8 Jul 2022 | £205,553 | £205,000 | 11 MANBY STREET |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 5 Sep 2013. Using an estimated price of £141,411 means this house is valued at £1,790 per sq meter (£166 per sq foot).
There is one other house on the street which we know the size of, this is 2 TURNER STREET it is 78.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Turner Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Turner Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Turner Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Turner Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Turner Street |