£194,083
This estimated value is based upon the latest sale price for the house of £128,000 on 1 Sep 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£128,000 | 1 Sep 2014 |
Terraced |
Freehold |
Floor Area: 114 sq meters or 1,233 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 September 2014 the House Price Index for WEST MIDLANDS was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £128,000 results in an estimated price of approximately £194,083.
1 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.7 | 149.7 | 51.628 % | £128,000 | £66,083 | £194,083 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 40.540 % | £51,890 | £179,890 |
3 Month Average | 68.306 % | £87,431 | £215,431 |
6 Month Average | 73.969 % | £94,680 | £222,680 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Oct 2023 | £89,022 | £87,000 | 16 ROSEHILL GARDENS |
18 Sep 2023 | £173,832 | £170,000 | 1 BILSTON STREET |
2 Jun 2023 | £165,109 | £161,800 | 56 PARKES STREET |
26 Apr 2023 | £188,526 | £185,000 | 43 ROSEHILL |
31 Mar 2023 | £149,497 | £147,000 | 4 PARKES STREET |
This house has a floor area of 114 sq meters or 1,233 sq feet when measured on 2 Sep 2011. Using an estimated price of £194,084 means this house is valued at £1,693 per sq meter (£157 per sq foot).
The average size of a house on ROSEHILL is 99 sq meters (1,075 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Criminal damage and arson | Under investigation | On or near Rose Hill Gardens |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rose Hill Gardens |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Rose Hill Gardens |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rose Hill Gardens |
Aug 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Rose Hill Gardens |