£122,706
This estimated value is based upon the latest sale price for the house of £27,500 on 28 May 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Law Street
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Price Paid | Date |
---|---|
£27,500 | 28 May 1999 |
Terraced |
Freehold |
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 May 1999 the House Price Index for WEST MIDLANDS was 33.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 346.205%.Applying this 346.205% change to the original purchase price of £27,500 results in an estimated price of approximately £122,706.
28 May 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
33.5 | 149.7 | 346.205 % | £27,500 | £95,206 | £122,706 |
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 | 201.456 % | £55,400 | £82,900 |
3 Month Average | 271.738 % | £74,727 | £102,227 |
6 Month Average | 237.518 % | £65,317 | £92,817 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £199,396 | £195,000 | 39 LILY STREET |
31 Mar 2023 | £152,548 | £150,000 | 38 LAW STREET |
18 Aug 2022 | £243,137 | £242,000 | 122 RUSKIN STREET |
31 Jan 2022 | £196,137 | £185,000 | 7 LAW STREET |
2 Dec 2021 | £175,927 | £163,000 | 9 BERNARD STREET |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Law Street |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Law Street |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Law Street |
Jul 2024 | Burglary | Under investigation | On or near Tantany Lane |
Jun 2024 | Robbery | Under investigation | On or near Tantany Lane |