£132,405
This estimated value is based upon the latest sale price for the house of £83,000 on 21 Feb 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£83,000 | 21 Feb 2014 |
Terraced |
Freehold |
Floor Area: 87 sq meters or 945 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 February 2014 the House Price Index for WEST MIDLANDS was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £83,000 results in an estimated price of approximately £132,405.
21 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.8 | 149.7 | 59.525 % | £83,000 | £49,405 | £132,405 |
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 | -8.174 % | £-6,784 | £76,215 |
3 Month Average | 32.696 % | £27,138 | £110,138 |
6 Month Average | 60.748 % | £50,421 | £133,421 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £172,376 | £168,000 | 21 ARNOLD CLOSE |
26 Aug 2022 | £137,644 | £137,000 | 8 WING CLOSE |
5 Aug 2022 | £155,728 | £155,000 | 23 QUILTER CLOSE |
14 Apr 2022 | £254,168 | £245,000 | 28 BERKLEY CLOSE |
15 Dec 2021 | £127,358 | £118,000 | 20 STAR CLOSE |
This house has a floor area of 87 sq meters or 945 sq feet when measured on 28 Jul 2009. Using an estimated price of £132,406 means this house is valued at £1,507 per sq meter (£140 per sq foot).
The average size of a house on STAR CLOSE is 92 sq meters (999 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stepping Stone Close |
May 2024 | Other crime | Unable to prosecute suspect | On or near Stepping Stone Close |
May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Stepping Stone Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Locket Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Locket Close |