£170,099
This estimated value is based upon the latest sale price for the house of £122,000 on 18 Dec 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£122,000 | 18 Dec 2015 |
£46,950 | 16 Mar 1998 |
Semi-Detached |
Freehold |
Floor Area: 54 sq meters or 581 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 2015 the House Price Index for WEST MIDLANDS was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £122,000 results in an estimated price of approximately £170,099.
18 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 149.7 | 39.426 % | £122,000 | £48,099 | £170,099 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | 9.892 % | £12,068 | £134,068 |
3 Month Average | 26.389 % | £32,194 | £154,194 |
6 Month Average | 51.814 % | £63,213 | £185,213 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Jun 2023 | £171,436 | £168,000 | 33 KENILWORTH CRESCENT |
18 Nov 2022 | £173,688 | £174,500 | 6 PERCH ROAD |
17 Aug 2022 | £165,775 | £165,000 | 16 RED RIVER ROAD |
29 Sep 2021 | £203,001 | £187,000 | 14 PERCH ROAD |
7 Dec 2020 | £150,307 | £130,000 | 10 KENILWORTH CRESCENT |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 10 Nov 2015. Using an estimated price of £170,100 means this house is valued at £3,150 per sq meter (£292 per sq foot).
The average size of a house on RED RIVER ROAD is 77 sq meters (832 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Burgh Way |
Jun 2024 | Anti-social behaviour | On or near Burgh Way | |
Jun 2024 | Anti-social behaviour | On or near Burgh Way | |
Jun 2024 | Public order | Unable to prosecute suspect | On or near Burgh Way |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Burgh Way |