£85,730
This estimated value is based upon the latest sale price for the house of £75,000 on 4 Dec 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Nicholls Street
More crime details
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| Price Paid | Date |
|---|---|
| £75,000 | 4 Dec 2020 |
| £28,500 | 12 Dec 2000 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 2020 the House Price Index for WEST MIDLANDS was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £75,000 results in an estimated price of approximately £85,730.
| 4 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.0 | 14.308 % | £75,000 | £10,730 | £85,730 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 48.768 % | £36,576 | £111,576 |
| 3 Month Average | 17.685 % | £13,263 | £88,263 |
| 6 Month Average | 12.937 % | £9,702 | £84,702 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £147,796 | £145,000 | 58 HIGHFIELD ROAD |
| 6 Jun 2023 | £168,365 | £167,000 | 136 NICHOLLS STREET |
| 30 Mar 2023 | £201,902 | £200,000 | 4 HIGHFIELD ROAD |
| 14 Nov 2022 | £127,926 | £130,000 | 114 NICHOLLS STREET |
| 10 Oct 2022 | £150,266 | £152,500 | 11 AUGUSTUS ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 7 Feb 2020. Using an estimated price of £85,731 means this house is valued at £1,339 per sq meter (£124 per sq foot).
The average size of a house on NICHOLLS STREET is 80 sq meters (867 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Nicholls Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nicholls Street |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Nicholls Street |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Nicholls Street |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Nicholls Street |