£57,410
This estimated value is based upon the latest sale price for the house of £15,000 on 23 Apr 2000. 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 Miner Street
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Price Paid | Date |
---|---|
£15,000 | 23 Apr 2000 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 731 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 April 2000 the House Price Index for WEST MIDLANDS was 39.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 282.739%.Applying this 282.739% change to the original purchase price of £15,000 results in an estimated price of approximately £57,410.
23 Apr 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
39.1 | 149.7 | 282.739 % | £15,000 | £42,410 | £57,410 |
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 | 187.087 % | £28,063 | £43,063 |
3 Month Average | 292.617 % | £43,892 | £58,892 |
6 Month Average | 349.737 % | £52,460 | £67,460 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Jun 2024 | £286,000 | £286,000 | CORNER SHOP REEDSWOOD LANE |
21 Apr 2023 | £103,180 | £101,250 | 80 MINER STREET |
30 Mar 2022 | £88,734 | £85,000 | 33 MINER STREET |
24 Jun 2020 | £107,358 | £88,000 | 130 MINER STREET |
17 Jan 2020 | £147,449 | £120,000 | 5 REEDSWOOD CLOSE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 21 Sep 2014. Using an estimated price of £57,411 means this house is valued at £844 per sq meter (£78 per sq foot).
The average size of a house on MINER STREET is 79 sq meters (858 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Under investigation | On or near Miner Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Miner Street |
Jul 2024 | Anti-social behaviour | On or near Miner Street | |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Miner Street |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Miner Street |