£141,384
This estimated value is based upon the latest sale price for the house of £29,000 on 12 Dec 1997. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£29,000 | 12 Dec 1997 |
£13,500 | 18 Dec 1996 |
Terraced |
Freehold |
Floor Area: 135 sq meters or 1,453 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 December 1997 the House Price Index for WEST MIDLANDS was 30.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 387.533%.Applying this 387.533% change to the original purchase price of £29,000 results in an estimated price of approximately £141,384.
12 Dec 1997 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.4 | 148.0 | 387.533 % | £29,000 | £112,384 | £141,384 |
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 | 436.017 % | £126,444 | £155,444 |
3 Month Average | 449.907 % | £130,472 | £159,472 |
6 Month Average | 450.862 % | £130,749 | £159,749 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Jan 2023 | £161,581 | £163,000 | 53 ARTHUR STREET |
20 Dec 2021 | £136,583 | £128,000 | 51 ARTHUR STREET |
22 Nov 2021 | £96,943 | £90,000 | 214 DUDLEY ROAD |
22 Nov 2021 | £155,109 | £144,000 | 58 NAPIER ROAD |
10 Dec 2020 | £108,593 | £95,000 | 66 NAPIER ROAD |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 28 Jan 2013. Using an estimated price of £141,385 means this house is valued at £1,047 per sq meter (£97 per sq foot).
The average size of a house on ARTHUR STREET is 88 sq meters (951 sq feet).
This house is the largest in the street with a floor area of 135 sq meters (1,453 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Arthur Street |
Apr 2024 | Anti-social behaviour | On or near Arthur Street | |
Mar 2024 | Other crime | Local resolution | On or near Arthur Street |
Apr 2024 | Other theft | Under investigation | On or near Phoenix Street |
Apr 2024 | Robbery | Investigation complete; no suspect identified | On or near Phoenix Street |