£200,386
This estimated value is based upon the latest sale price for the house of £123,000 on 11 Jun 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£123,000 | 11 Jun 2008 |
£46,000 | 22 May 1998 |
Terraced |
Freehold |
Floor Area: 61 sq meters or 656 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 2008 the House Price Index for WEST MIDLANDS was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.916%.Applying this 62.916% change to the original purchase price of £123,000 results in an estimated price of approximately £200,386.
11 Jun 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.9 | 149.7 | 62.916 % | £123,000 | £77,386 | £200,386 |
The Postcode Pricing Model uses changes in average sales price within the CV3 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 | 87.232 % | £107,295 | £230,295 |
3 Month Average | 103.958 % | £127,868 | £250,868 |
6 Month Average | 84.938 % | £104,473 | £227,473 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2024 | £236,128 | £232,500 | 35 JOAN WARD STREET |
22 Sep 2023 | £270,973 | £265,000 | 10 GLOVER STREET |
30 Jun 2023 | £331,646 | £325,000 | 6 GLOVER STREET |
22 Jul 2022 | £209,095 | £207,000 | 13 THE MARTYRS CLOSE |
13 May 2022 | £159,146 | £155,000 | 33 THE MARTYRS CLOSE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 5 Sep 2019. Using an estimated price of £200,386 means this house is valued at £3,285 per sq meter (£305 per sq foot).
The average size of a house on THE MARTYRS CLOSE is 79 sq meters (860 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Joan Ward Street |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Joan Ward Street |
Aug 2024 | Anti-social behaviour | On or near Joan Ward Street | |
Aug 2024 | Anti-social behaviour | On or near Joan Ward Street | |
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Joan Ward Street |