£242,502
This estimated value is based upon the latest sale price for the house of £71,500 on 22 Jun 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£71,500 | 22 Jun 2001 |
Detached |
Freehold |
Floor Area: 167 sq meters or 1,799 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 June 2001 the House Price Index for WEST MIDLANDS was 43.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 239.164%.Applying this 239.164% change to the original purchase price of £71,500 results in an estimated price of approximately £242,502.
22 Jun 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
43.8 | 148.6 | 239.164 % | £71,500 | £171,002 | £242,502 |
The Postcode Pricing Model uses changes in average sales price within the WV2 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 | 465.995 % | £333,186 | £404,686 |
3 Month Average | 371.436 % | £265,576 | £337,076 |
6 Month Average | 364.572 % | £260,669 | £332,169 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £46,691 | £46,000 | 16 CROSS STREET SOUTH |
19 Jul 2023 | £121,637 | £120,000 | 12 CROSS STREET SOUTH |
6 Jan 2023 | £149,297 | £150,000 | 148 PARK STREET SOUTH |
24 Oct 2022 | £178,083 | £180,000 | 101 FOWLER STREET |
14 Oct 2022 | £267,124 | £270,000 | 63 FOWLER STREET |
This house has a floor area of 167 sq meters or 1,799 sq feet when measured on 1 Apr 2010. Using an estimated price of £242,502 means this house is valued at £1,450 per sq meter (£134 per sq foot).
The average size of a house on PARK STREET SOUTH is 114 sq meters (1,236 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Cross Street South |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cross Street South |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Cross Street South |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cross Street South |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Cross Street South |