£113,928
This estimated value is based upon the latest sale price for the house of £76,000 on 30 Sep 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £76,000 | 30 Sep 2014 |
| Terraced |
| Leasehold |
| Floor Area: 80 sq meters or 861 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 September 2014 the House Price Index for WEST MIDLANDS was 98.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 49.906%.Applying this 49.906% change to the original purchase price of £76,000 results in an estimated price of approximately £113,928.
| 30 Sep 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.0 | 49.906 % | £76,000 | £37,928 | £113,928 |
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 | 113.979 % | £86,624 | £162,624 |
| 3 Month Average | 83.027 % | £63,100 | £139,100 |
| 6 Month Average | 52.097 % | £39,593 | £115,593 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £102,008 | £101,250 | 80 MINER STREET |
| 30 Mar 2022 | £87,727 | £85,000 | 33 MINER STREET |
| 24 Jun 2020 | £106,139 | £88,000 | 130 MINER STREET |
| 18 Oct 2019 | £119,694 | £98,000 | 41 MINER STREET |
| 5 Jul 2019 | £109,327 | £89,000 | 30 REEDSWOOD CLOSE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 25 Oct 2014. Using an estimated price of £113,929 means this house is valued at £1,424 per sq meter (£132 per sq foot).
The average size of a house on REEDSWOOD CLOSE is 84 sq meters (912 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Under investigation | On or near Reedswood Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Reedswood Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Reedswood Close |
| Apr 2024 | Other crime | Under investigation | On or near Reedswood Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Reedswood Close |