£59,477
This estimated value is based upon the latest sale price for the house of £60,000 on 13 Jan 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £60,000 | 13 Jan 2023 |
| £103,000 | 15 Jul 2011 |
| £54,000 | 30 Aug 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 January 2023 the House Price Index for WEST MIDLANDS was 149.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.871%.Applying this -0.871% change to the original purchase price of £60,000 results in an estimated price of approximately £59,477.
| 13 Jan 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.0 | -0.871 % | £60,000 | £-522 | £59,477 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | -35.521 % | £-21,312 | £38,687 |
| 3 Month Average | -15.365 % | £-9,219 | £50,780 |
| 6 Month Average | -2.190 % | £-1,313 | £58,686 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £150,815 | £150,000 | 38 LAW STREET |
| 13 Jan 2023 | £59,478 | £60,000 | 119 RUSKIN STREET |
| 18 Nov 2022 | £193,856 | £197,000 | 2 GARRATT STREET |
| 18 Aug 2022 | £240,376 | £242,000 | 122 RUSKIN STREET |
| 25 Mar 2022 | £206,416 | £200,000 | 40 RUSKIN STREET |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 8 May 2013. Using an estimated price of £59,478 means this house is valued at £646 per sq meter (£60 per sq foot).
The average size of a house on RUSKIN STREET is 88 sq meters (952 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ruskin Street |
| Jan 2024 | Robbery | Unable to prosecute suspect | On or near Ruskin Street |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Drake Street |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Drake Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grant Close |