£119,033
This estimated value is based upon the latest sale price for the house of £68,379 on 29 Jul 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£68,379 | 29 Jul 2011 |
Terraced |
Freehold |
Floor Area: 109 sq meters or 1,178 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 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.080%.Applying this 74.080% change to the original purchase price of £68,379 results in an estimated price of approximately £119,033.
29 Jul 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 74.080 % | £68,379 | £50,654 | £119,033 |
The Postcode Pricing Model uses changes in average sales price within the B7 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 | 158.247 % | £108,207 | £176,586 |
3 Month Average | 91.470 % | £62,546 | £130,925 |
6 Month Average | 97.140 % | £66,423 | £134,802 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Nov 2023 | £564,325 | £550,000 | 129 ROCKY LANE |
3 Aug 2023 | £381,888 | £375,000 | 5 PHOENIX BUSINESS PARK |
14 Apr 2023 | £46,367 | £45,500 | 260 ROCKY LANE |
10 Jun 2022 | £108,315 | £106,000 | 100 RUPERT STREET |
8 Jun 2022 | £91,966 | £90,000 | UNIT 1C CHESTON INDUSTRIAL ESTATE CHESTON ROAD |
This house has a floor area of 109 sq meters or 1,178 sq feet when measured on 5 Apr 2011. Using an estimated price of £119,034 means this house is valued at £1,087 per sq meter (£100 per sq foot).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Other crime | Investigation complete; no suspect identified | On or near Brough Close |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brough Close |
Aug 2024 | Anti-social behaviour | On or near Brough Close | |
Aug 2024 | Anti-social behaviour | On or near Brough Close | |
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Walter Street |