£118,031
This estimated value is based upon the latest sale price for the house of £88,000 on 4 Aug 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £88,000 | 4 Aug 2016 |
| £45,950 | 1 Sep 2000 |
| £45,950 | 1 Sep 2000 |
| £22,000 | 6 Feb 1995 |
| Terraced |
| Leasehold |
| Floor Area: 69 sq meters or 745 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 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £88,000 results in an estimated price of approximately £118,031.
| 4 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £88,000 | £30,031 | £118,031 |
The Postcode Pricing Model uses changes in average sales price within the DY9 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 | 111.318 % | £97,959 | £185,959 |
| 3 Month Average | 27.629 % | £24,313 | £112,313 |
| 6 Month Average | 37.172 % | £32,711 | £120,711 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £255,000 | £255,000 | 30 FIELDFARE ROAD |
| 12 Apr 2024 | £93,815 | £93,000 | 6 GREEN LANE |
| 14 Mar 2024 | £181,793 | £179,000 | 6 SPRING STREET |
| 12 Oct 2023 | £184,183 | £180,000 | 18 GREEN LANE |
| 22 Sep 2023 | £166,674 | £163,000 | 35 SPRING STREET |
This house has a floor area of 69 sq meters or 745 sq feet when measured on 16 Dec 2009. Using an estimated price of £118,031 means this house is valued at £1,704 per sq meter (£158 per sq foot).
The average size of a house on SPRING STREET is 72 sq meters (785 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spring Street |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spring Street |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spring Street |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Longfield Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Longfield Road |