£123,604
This estimated value is based upon the latest sale price for the house of £100,000 on 27 Sep 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £100,000 | 27 Sep 2019 |
| £35,000 | 18 Aug 2000 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 September 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £100,000 results in an estimated price of approximately £123,604.
| 27 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £100,000 | £23,604 | £123,604 |
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 | -36.722 % | £-36,721 | £63,278 |
| 3 Month Average | 12.711 % | £12,710 | £112,710 |
| 6 Month Average | 31.131 % | £31,130 | £131,130 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £149,294 | £147,000 | 41 ESSEX STREET |
| 15 Sep 2023 | £171,276 | £167,500 | 14 KENT STREET |
| 21 Aug 2023 | £142,571 | £140,000 | 113 ESSEX STREET |
| 18 Aug 2023 | £138,498 | £136,000 | 11 ESSEX STREET |
| 27 Apr 2023 | £105,473 | £103,500 | 67 ESSEX STREET |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 17 Aug 2016. Using an estimated price of £123,605 means this house is valued at £1,605 per sq meter (£149 per sq foot).
The average size of a house on ESSEX STREET is 89 sq meters (965 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Essex Street |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Essex Street |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Essex Street |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Essex Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Essex Street |