£146,171
This estimated value is based upon the latest sale price for the house of £29,500 on 28 Nov 1997. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£29,500 | 28 Nov 1997 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 925 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 November 1997 the House Price Index for WEST MIDLANDS was 30.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 395.496%.Applying this 395.496% change to the original purchase price of £29,500 results in an estimated price of approximately £146,171.
28 Nov 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.2 | 149.7 | 395.496 % | £29,500 | £116,671 | £146,171 |
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 | 335.940 % | £99,102 | £128,602 |
3 Month Average | 432.073 % | £127,461 | £156,961 |
6 Month Average | 365.403 % | £107,793 | £137,293 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £123,125 | £120,000 | 41 BRIGHT STREET |
3 Nov 2023 | £189,818 | £185,000 | 70 SHERWOOD STREET |
21 Mar 2023 | £141,869 | £139,500 | 69 SHERWOOD STREET |
21 Mar 2023 | £141,869 | £139,500 | 68 SHERWOOD STREET |
17 Feb 2023 | £130,874 | £130,000 | 43 BRIGHT STREET |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 31 Aug 2016. Using an estimated price of £146,171 means this house is valued at £1,699 per sq meter (£157 per sq foot).
The average size of a house on BRIGHT STREET is 91 sq meters (981 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bright Street |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bright Street |
Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Bright Street |
Sep 2024 | Robbery | Under investigation | On or near Bright Street |
Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Bright Street |