£186,548
This estimated value is based upon the latest sale price for the house of £95,000 on 2 Jul 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £95,000 | 2 Jul 2004 |
| £16,000 | 5 Oct 1999 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 July 2004 the House Price Index for WEST MIDLANDS was 76.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 96.367%.Applying this 96.367% change to the original purchase price of £95,000 results in an estimated price of approximately £186,548.
| 2 Jul 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 149.7 | 96.367 % | £95,000 | £91,548 | £186,548 |
The Postcode Pricing Model uses changes in average sales price within the B65 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 | 97.556 % | £92,678 | £187,678 |
| 3 Month Average | 97.535 % | £92,658 | £187,658 |
| 6 Month Average | 109.331 % | £103,864 | £198,864 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £169,297 | £165,000 | 64 TERRACE STREET |
| 9 Nov 2023 | £132,360 | £129,000 | 162 POWKE LANE |
| 29 Sep 2023 | £306,762 | £300,000 | 142 WATERFALL LANE |
| 29 Sep 2023 | £281,199 | £275,000 | 143 WATERFALL LANE |
| 29 Aug 2023 | £346,245 | £340,000 | 54 PERRY PARK ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 1 Sep 2020. Using an estimated price of £186,549 means this house is valued at £2,274 per sq meter (£211 per sq foot).
The average size of a house on WATERFALL LANE is 104 sq meters (1,120 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Park Hill |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Terrace Street |
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Terrace Street |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near John Padden Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Castle Close |