£151,971
This estimated value is based upon the latest sale price for the house of £126,000 on 16 Jun 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £126,000 | 16 Jun 2020 |
| £104,500 | 24 Jan 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2020 the House Price Index for WEST MIDLANDS was 122.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.613%.Applying this 20.613% change to the original purchase price of £126,000 results in an estimated price of approximately £151,971.
| 16 Jun 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.0 | 20.613 % | £126,000 | £25,971 | £151,971 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | -41.141 % | £-51,837 | £74,162 |
| 3 Month Average | -3.279 % | £-4,130 | £121,869 |
| 6 Month Average | 44.183 % | £55,670 | £181,670 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £222,861 | £220,000 | 20 SCHOFIELD AVENUE |
| 13 Nov 2023 | £270,979 | £267,500 | 30 JAMES WATT STREET |
| 18 Jul 2023 | £244,311 | £242,000 | 54 SCHOFIELD AVENUE |
| 23 Jun 2023 | £254,060 | £252,000 | 14 SCHOFIELD AVENUE |
| 6 Feb 2023 | £230,908 | £232,000 | 38 JAMES WATT STREET |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 16 Dec 2015. Using an estimated price of £151,972 means this house is valued at £1,809 per sq meter (£168 per sq foot).
The average size of a house on JAMES WATT STREET is 92 sq meters (998 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near James Watt Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Witton Lane |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Witton Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Witton Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Witton Lane |