£115,603
This estimated value is based upon the latest sale price for the house of £60,000 on 13 Aug 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£60,000 | 13 Aug 2004 |
Terraced |
Freehold |
Floor Area: 77 sq meters or 828 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 August 2004 the House Price Index for WEST MIDLANDS was 77.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 92.673%.Applying this 92.673% change to the original purchase price of £60,000 results in an estimated price of approximately £115,603.
13 Aug 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
77.1 | 148.6 | 92.673 % | £60,000 | £55,603 | £115,603 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 68.658 % | £41,194 | £101,194 |
3 Month Average | 56.193 % | £33,715 | £93,715 |
6 Month Average | 58.847 % | £35,307 | £95,307 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Mar 2024 | £165,000 | £165,000 | 29 VILLIERS STREET |
12 Jun 2023 | £62,507 | £61,750 | 23 CIRCUIT CLOSE |
17 Mar 2023 | £186,760 | £185,000 | 14 LATIMER STREET |
13 Jan 2023 | £51,259 | £51,500 | 65 TEMPLE ROAD |
25 Nov 2022 | £114,612 | £116,000 | 102 TEMPLE ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 2 Jan 2014. Using an estimated price of £115,604 means this house is valued at £1,501 per sq meter (£139 per sq foot).
The average size of a house on TEMPLE ROAD is 79 sq meters (852 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Temple Road |
Jan 2024 | Shoplifting | Unable to prosecute suspect | On or near Temple Road |
Jan 2024 | Shoplifting | Unable to prosecute suspect | On or near Temple Road |
Jan 2024 | Shoplifting | Unable to prosecute suspect | On or near Temple Road |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Latimer Street |