£188,813
This estimated value is based upon the latest sale price for the house of £155,000 on 2 Jul 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£155,000 | 2 Jul 2020 |
£24,000 | 17 Sep 1999 |
£22,000 | 21 Feb 1997 |
Terraced |
Freehold |
Floor Area: 156 sq meters or 1,679 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 July 2020 the House Price Index for WEST MIDLANDS was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £155,000 results in an estimated price of approximately £188,813.
2 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 149.7 | 21.815 % | £155,000 | £33,813 | £188,813 |
The Postcode Pricing Model uses changes in average sales price within the B19 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 | 100.000 % | £155,000 | £310,000 |
3 Month Average | 36.491 % | £56,560 | £211,560 |
6 Month Average | 51.095 % | £79,197 | £234,197 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Mar 2022 | £156,590 | £150,000 | 187 BURBURY STREET |
11 Oct 2021 | £295,387 | £265,000 | 227 BURBURY STREET |
31 Jul 2020 | £263,730 | £216,500 | 279 BURBURY STREET |
2 Jul 2020 | £188,814 | £155,000 | 103 ANGLESEY STREET |
25 Mar 2020 | £157,736 | £130,000 | 61 ANGLESEY STREET |
This house has a floor area of 156 sq meters or 1,679 sq feet when measured on 1 Jun 2016. Using an estimated price of £188,814 means this house is valued at £1,210 per sq meter (£112 per sq foot).
The average size of a house on ANGLESEY STREET is 95 sq meters (1,032 sq feet).