£147,851
This estimated value is based upon the latest sale price for the house of £92,500 on 29 Jun 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £92,500 | 29 Jun 2007 |
| £55,950 | 14 Jun 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 2007 the House Price Index for WEST MIDLANDS was 93.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.839%.Applying this 59.839% change to the original purchase price of £92,500 results in an estimated price of approximately £147,851.
| 29 Jun 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 149.7 | 59.839 % | £92,500 | £55,351 | £147,851 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | -2.267 % | £-2,096 | £90,403 |
| 3 Month Average | 33.895 % | £31,353 | £123,853 |
| 6 Month Average | 51.967 % | £48,069 | £140,569 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £113,748 | £112,000 | 52 WATERFRONT WAY |
| 11 Dec 2023 | £105,517 | £102,275 | 104 WATERFRONT WAY |
| 4 Aug 2023 | £132,388 | £130,000 | 115 WAVE CLOSE |
| 27 Jan 2023 | £89,740 | £89,500 | 53 WATERFRONT WAY |
| 16 Sep 2022 | £99,933 | £100,000 | 37 WATERFRONT WAY |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 2 Feb 2019. Using an estimated price of £147,851 means this house is valued at £2,549 per sq meter (£236 per sq foot).
The average size of a house on WATERFRONT WAY is 63 sq meters (679 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Cavell Close |
| May 2024 | Vehicle crime | Unable to prosecute suspect | On or near Cavell Close |
| Apr 2024 | Robbery | Investigation complete; no suspect identified | On or near Cavell Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cavell Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waterfront Way |