£152,345
This estimated value is based upon the latest sale price for the house of £127,000 on 20 Mar 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £127,000 | 20 Mar 2020 |
| £75,000 | 30 Apr 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 March 2020 the House Price Index for WEST MIDLANDS was 123.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.957%.Applying this 19.957% change to the original purchase price of £127,000 results in an estimated price of approximately £152,345.
| 20 Mar 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.0 | 19.957 % | £127,000 | £25,345 | £152,345 |
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 | -12.149 % | £-15,428 | £111,571 |
| 3 Month Average | 54.847 % | £69,655 | £196,655 |
| 6 Month Average | 52.008 % | £66,049 | £193,049 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £244,628 | £240,000 | 75 GRESWOLD STREET |
| 20 Nov 2023 | £253,251 | £250,000 | 48 CLIVE STREET |
| 10 Nov 2023 | £187,406 | £185,000 | 26 WORDSWORTH STREET |
| 10 Nov 2023 | £81,040 | £80,000 | 30 BYRON STREET |
| 14 Aug 2023 | £195,187 | £194,000 | 16 ABBEY CLOSE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 15 Aug 2019. Using an estimated price of £152,346 means this house is valued at £2,086 per sq meter (£193 per sq foot).
There is one other house on the street which we know the size of, this is 11 SMALL STREET it is 93.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Abbey Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Abbey Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Monkgate Drive |
| Feb 2024 | Anti-social behaviour | On or near Monkgate Drive | |
| Feb 2024 | Anti-social behaviour | On or near Monkgate Drive |