£152,251
This estimated value is based upon the latest sale price for the house of £75,000 on 11 May 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £75,000 | 11 May 2004 |
| £30,000 | 12 May 2000 |
| Terraced |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 2004 the House Price Index for WEST MIDLANDS was 73.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 103.002%.Applying this 103.002% change to the original purchase price of £75,000 results in an estimated price of approximately £152,251.
| 11 May 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 149.7 | 103.002 % | £75,000 | £77,251 | £152,251 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | 26.183 % | £19,637 | £94,637 |
| 3 Month Average | 74.410 % | £55,807 | £130,807 |
| 6 Month Average | 101.649 % | £76,236 | £151,236 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Feb 2023 | £151,009 | £150,000 | 16 CROFT STREET |
| 25 Jan 2023 | £106,284 | £106,000 | 52 GLADSTONE STREET |
| 23 Jan 2023 | £130,348 | £130,000 | 47 HOSPITAL STREET |
| 30 Jun 2022 | £91,966 | £90,000 | 52 SOUTHMEAD WAY |
| 28 Jan 2022 | £84,816 | £80,000 | 54 SOUTHMEAD WAY |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 11 May 2019. Using an estimated price of £152,251 means this house is valued at £1,384 per sq meter (£128 per sq foot).
The average size of a house on HOSPITAL STREET is 92 sq meters (991 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Under investigation | On or near Hospital Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hospital Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hospital Street |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hospital Street |
| Jun 2024 | Anti-social behaviour | On or near Hospital Street |