£71,197
This estimated value is based upon the latest sale price for the house of £70,000 on 15 May 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£70,000 | 15 May 2023 |
£40,000 | 3 Dec 1999 |
£32,500 | 27 Feb 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 58 sq meters or 624 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 May 2023 the House Price Index for WEST MIDLANDS was 146.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.711%.Applying this 1.711% change to the original purchase price of £70,000 results in an estimated price of approximately £71,197.
15 May 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.1 | 148.6 | 1.711 % | £70,000 | £1,197 | £71,197 |
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 | 38.621 % | £27,035 | £97,035 |
3 Month Average | -6.807 % | £-4,765 | £65,234 |
6 Month Average | -1.378 % | £-964 | £69,035 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Aug 2023 | £75,662 | £75,000 | 23 MORVALE GARDENS |
6 Jul 2023 | £185,497 | £183,000 | 3B CHURCH ROAD |
2 Jun 2023 | £268,249 | £265,000 | 193 HIGH STREET |
17 Mar 2023 | £85,808 | £85,000 | 7 MORVALE GARDENS |
29 Mar 2022 | £62,176 | £60,000 | 5 MORVALE GARDENS |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 22 Mar 2013.
The average size of a house on MORVALE GARDENS is 74 sq meters (797 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Morvale Street |
Mar 2024 | Public order | Under investigation | On or near Petrol Station |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Petrol Station |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Petrol Station |
Mar 2024 | Other theft | Under investigation | On or near Petrol Station |