£131,691
This estimated value is based upon the latest sale price for the house of £99,950 on 18 Nov 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£99,950 | 18 Nov 2016 |
£24,500 | 10 May 2002 |
Terraced |
Freehold |
Floor Area: 77 sq meters or 838 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 November 2016 the House Price Index for WEST MIDLANDS was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £99,950 results in an estimated price of approximately £131,691.
18 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 148.6 | 31.758 % | £99,950 | £31,741 | £131,691 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | 20.147 % | £20,137 | £120,087 |
3 Month Average | 29.193 % | £29,177 | £129,127 |
6 Month Average | 59.582 % | £59,552 | £159,502 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £332,929 | £328,000 | 61 BEACONSFIELD STREET |
21 Jul 2023 | £76,023 | £75,000 | 73 LILY STREET |
12 Jun 2023 | £144,753 | £143,000 | 21 AUSTEN WALK |
1 Mar 2023 | £55,523 | £55,000 | FLAT 5 SALISBURY HOUSE LILY STREET |
1 Mar 2023 | £55,523 | £55,000 | FLAT 2 SALISBURY HOUSE LILY STREET |
This house has a floor area of 77 sq meters or 838 sq feet when measured on 30 Apr 2009. Using an estimated price of £131,692 means this house is valued at £1,689 per sq meter (£156 per sq foot).
The average size of a house on AUSTEN WALK is 79 sq meters (851 sq feet).
This house is the largest in the street with a floor area of 77 sq meters (838 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Orwell Drive |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Orwell Drive |
Feb 2024 | Vehicle crime | Local resolution | On or near Orwell Drive |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orwell Drive |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orwell Drive |