£80,396
This estimated value is based upon the latest sale price for the house of £52,000 on 27 May 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £52,000 | 27 May 2014 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 May 2014 the House Price Index for WEST MIDLANDS was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £52,000 results in an estimated price of approximately £80,396.
| 27 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £52,000 | £28,396 | £80,396 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | -7.828 % | £-4,070 | £47,929 |
| 3 Month Average | 25.403 % | £13,209 | £65,209 |
| 6 Month Average | 32.708 % | £17,008 | £69,008 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £216,897 | £215,000 | 68 SPRING STREET |
| 21 Jul 2023 | £188,538 | £186,000 | 21 TALBOT STREET |
| 27 Apr 2023 | £176,905 | £175,000 | 8 TALBOT STREET |
| 16 Mar 2023 | £172,626 | £171,000 | 7 SPRING STREET |
| 31 Aug 2022 | £219,409 | £220,000 | 9 ELM TREE GROVE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 14 Sep 2018. Using an estimated price of £80,397 means this house is valued at £992 per sq meter (£92 per sq foot).
The average size of a house on SPRING STREET is 87 sq meters (943 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rossendale Close |
| Apr 2024 | Drugs | Under investigation | On or near Rossendale Close |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Rossendale Close |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Rossendale Close |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Rossendale Close |