£139,641
This estimated value is based upon the latest sale price for the house of £80,000 on 19 May 2006. 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 Priors Way
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| Price Paid | Date |
|---|---|
| £80,000 | 19 May 2006 |
| £40,500 | 22 Jan 1999 |
| £35,750 | 20 Jun 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 645 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 May 2006 the House Price Index for WEST MIDLANDS was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.552%.Applying this 74.552% change to the original purchase price of £80,000 results in an estimated price of approximately £139,641.
| 19 May 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.552 % | £80,000 | £59,641 | £139,641 |
The Postcode Pricing Model uses changes in average sales price within the B23 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 | 50.212 % | £40,169 | £120,169 |
| 3 Month Average | 54.590 % | £43,672 | £123,672 |
| 6 Month Average | 37.002 % | £29,601 | £109,601 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £118,515 | £117,000 | 15 PRIORS WAY |
| 27 Apr 2023 | £245,139 | £242,500 | 711 COLLEGE ROAD |
| 30 Sep 2022 | £114,079 | £115,000 | 10 ARCHERS CLOSE |
| 5 Aug 2022 | £206,943 | £207,500 | 23 CURLEWS CLOSE |
| 1 Jul 2022 | £190,513 | £190,000 | 38 ARCHERS CLOSE |
This house has a floor area of 59 sq meters or 645 sq feet when measured on 25 Feb 2012. Using an estimated price of £139,642 means this house is valued at £2,328 per sq meter (£216 per sq foot).
The average size of a house on THE HURSTWAY is 93 sq meters (1,001 sq feet).
This house is the smallest in the street with a floor area of 59 sq meters (645 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Priors Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Priors Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Priors Way |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Priors Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Priors Way |