£102,929
This estimated value is based upon the latest sale price for the house of £65,000 on 26 Feb 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £65,000 | 26 Feb 2014 |
| £74,000 | 2 Sep 2011 |
| Terraced |
| Freehold |
| Floor Area: 60 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 February 2014 the House Price Index for WEST MIDLANDS was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £65,000 results in an estimated price of approximately £102,929.
| 26 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £65,000 | £37,929 | £102,929 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 33.357 % | £21,682 | £86,682 |
| 3 Month Average | 53.314 % | £34,654 | £99,654 |
| 6 Month Average | 66.456 % | £43,196 | £108,196 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2022 | £154,584 | £155,000 | 55 FOURTH AVENUE |
| 29 Apr 2022 | £159,619 | £155,000 | 98 FOURTH AVENUE |
| 7 Dec 2020 | £118,214 | £103,000 | 60 SIMPSON ROAD |
| 27 Nov 2020 | £168,106 | £145,000 | 111 PARK LANE |
| 19 Aug 2020 | £98,323 | £82,000 | 90 OLD FALLINGS CRESCENT |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 9 Sep 2020. Using an estimated price of £102,929 means this house is valued at £1,715 per sq meter (£159 per sq foot).
There is one other house on the street which we know the size of, this is 15 SHARMAN ROAD it is 70.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sharman Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sharman Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sharman Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sharman Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sharman Road |