£214,793
This estimated value is based upon the latest sale price for the house of £89,000 on 4 Apr 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£89,000 | 4 Apr 2003 |
Terraced |
Freehold |
Floor Area: 115 sq meters or 1,237 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 April 2003 the House Price Index for WEST MIDLANDS was 62.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 141.341%.Applying this 141.341% change to the original purchase price of £89,000 results in an estimated price of approximately £214,793.
4 Apr 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
62.0 | 149.7 | 141.341 % | £89,000 | £125,793 | £214,793 |
The Postcode Pricing Model uses changes in average sales price within the WV1 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 | 99.120 % | £88,216 | £177,216 |
3 Month Average | 137.563 % | £122,431 | £211,431 |
6 Month Average | 110.198 % | £98,076 | £187,076 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £123,125 | £120,000 | 41 BRIGHT STREET |
17 Feb 2023 | £130,874 | £130,000 | 43 BRIGHT STREET |
29 Apr 2022 | £124,491 | £120,000 | 31 GREAT HAMPTON STREET |
8 Apr 2022 | £379,696 | £366,000 | 8 PAGET STREET |
8 Apr 2022 | £246,388 | £237,500 | 269 NEWHAMPTON ROAD EAST |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 17 May 2018. Using an estimated price of £214,794 means this house is valued at £1,867 per sq meter (£173 per sq foot).
The average size of a house on NEWHAMPTON ROAD EAST is 113 sq meters (1,223 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Paget Street |
Oct 2024 | Other theft | Under investigation | On or near Paget Street |
Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Paget Street |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Hampton Road East |
Jul 2024 | Possession of weapons | Under investigation | On or near New Hampton Road East |