£115,512
This estimated value is based upon the latest sale price for the house of £45,000 on 15 Nov 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £45,000 | 15 Nov 2002 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 November 2002 the House Price Index for WEST MIDLANDS was 57.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 156.695%.Applying this 156.695% change to the original purchase price of £45,000 results in an estimated price of approximately £115,512.
| 15 Nov 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 148.6 | 156.695 % | £45,000 | £70,512 | £115,512 |
The Postcode Pricing Model uses changes in average sales price within the WV2 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 | 435.232 % | £195,854 | £240,854 |
| 3 Month Average | 264.838 % | £119,177 | £164,177 |
| 6 Month Average | 260.276 % | £117,124 | £162,124 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £22,583,557 | £22,310,000 | THE SYCAMORES JOHNSON STREET |
| 25 Feb 2022 | £131,087 | £125,000 | 12 BROWN STREET |
| 29 Oct 2021 | £168,185 | £152,000 | 32 ELM FARM ROAD |
| 22 Jun 2020 | £81,744 | £67,500 | 102 BIRMINGHAM ROAD |
| 31 Mar 2020 | £3,087,319 | £2,563,288 | 106 BIRMINGHAM ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 13 Jan 2015. Using an estimated price of £115,513 means this house is valued at £1,560 per sq meter (£145 per sq foot).
The average size of a house on BIRMINGHAM ROAD is 82 sq meters (889 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brown Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brown Street |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Johnson Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Johnson Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tansley View |