£125,858
This estimated value is based upon the latest sale price for the house of £123,000 on 3 Oct 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£123,000 | 3 Oct 2023 |
£42,950 | 21 Jan 2000 |
Terraced |
Freehold |
Floor Area: 73 sq meters or 785 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 October 2023 the House Price Index for WEST MIDLANDS was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £123,000 results in an estimated price of approximately £125,858.
3 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £123,000 | £2,858 | £125,858 |
The Postcode Pricing Model uses changes in average sales price within the B23 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 | 57.065 % | £70,189 | £193,189 |
3 Month Average | 11.096 % | £13,648 | £136,648 |
6 Month Average | 1.112 % | £1,368 | £124,368 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £159,914 | £155,000 | 102 ST THOMAS ROAD |
3 Oct 2023 | £125,859 | £123,000 | 26 ROSARY ROAD |
9 Jun 2023 | £179,089 | £175,500 | 12 ST THOMAS ROAD |
16 Feb 2023 | £100,672 | £100,000 | 7 ROSARY ROAD |
9 Feb 2023 | £176,177 | £175,000 | 104 ST THOMAS ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 9 Oct 2012. Using an estimated price of £125,859 means this house is valued at £1,724 per sq meter (£160 per sq foot).
The average size of a house on ROSARY ROAD is 82 sq meters (884 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Local resolution | On or near Rosary Road |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosary Road |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Rosary Road |
Aug 2024 | Anti-social behaviour | On or near Rosary Road | |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosary Road |