£160,134
This estimated value is based upon the latest sale price for the house of £138,500 on 3 Dec 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £138,500 | 3 Dec 2020 |
| £83,000 | 4 Nov 2013 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 December 2020 the House Price Index for WEST MIDLANDS was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £138,500 results in an estimated price of approximately £160,134.
| 3 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £138,500 | £21,634 | £160,134 |
The Postcode Pricing Model uses changes in average sales price within the DY4 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 | -14.911 % | £-20,652 | £117,847 |
| 3 Month Average | 1.891 % | £2,619 | £141,119 |
| 6 Month Average | -2.719 % | £-3,766 | £134,733 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £687,450 | £670,000 | UNIT 43 CONEYGREE INDUSTRIAL ESTATE |
| 29 Sep 2023 | £156,449 | £153,000 | 57 WHITEHOUSE STREET |
| 11 Aug 2023 | £173,122 | £170,000 | 26 BRADLEY STREET |
| 30 Jun 2023 | £186,742 | £183,000 | 24 BRADLEY STREET |
| 12 Aug 2022 | £226,057 | £225,000 | BURNT TREE METHODIST CHURCH HOPKINS STREET |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 20 Apr 2020. Using an estimated price of £160,135 means this house is valued at £2,053 per sq meter (£190 per sq foot).
The average size of a house on BURNT TREE is 104 sq meters (1,127 sq feet).
This house is the smallest in the street with a floor area of 78 sq meters (839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Gilbert Street |
| Jun 2024 | Other theft | Under investigation | On or near Gilbert Street |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gilbert Street |
| Apr 2024 | Robbery | Under investigation | On or near Gilbert Street |
| Jul 2024 | Vehicle crime | Under investigation | On or near Burnt Tree |