£113,451
This estimated value is based upon the latest sale price for the house of £95,000 on 17 Aug 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £95,000 | 17 Aug 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 August 2020 the House Price Index for WEST MIDLANDS was 123.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.422%.Applying this 19.422% change to the original purchase price of £95,000 results in an estimated price of approximately £113,451.
| 17 Aug 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.0 | 19.422 % | £95,000 | £18,451 | £113,451 |
The Postcode Pricing Model uses changes in average sales price within the B66 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 | -51.374 % | £-48,805 | £46,194 |
| 3 Month Average | -11.625 % | £-11,043 | £83,956 |
| 6 Month Average | 5.084 % | £4,830 | £99,830 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £210,000 | £210,000 | 7 NEW HOPE ROAD |
| 8 Oct 2021 | £119,017 | £108,000 | 21 KINSEY ROAD |
| 13 Jul 2021 | £144,223 | £126,000 | 15 KINSEY ROAD |
| 28 Jun 2021 | £229,747 | £215,000 | 86 KINSEY ROAD |
| 4 Dec 2020 | £131,454 | £115,000 | 106 KINSEY ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 1 Jun 2020. Using an estimated price of £113,451 means this house is valued at £1,620 per sq meter (£150 per sq foot).
There is one other house on the street which we know the size of, this is 15 NEWMANS CLOSE it is 34.94
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Robbery | Under investigation | On or near Newmans Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newmans Close |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Newmans Close |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Newmans Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newmans Close |