£104,271
This estimated value is based upon the latest sale price for the house of £22,500 on 3 Nov 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £22,500 | 3 Nov 1998 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 1998 the House Price Index for WEST MIDLANDS was 32.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 363.431%.Applying this 363.431% change to the original purchase price of £22,500 results in an estimated price of approximately £104,271.
| 3 Nov 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 148.6 | 363.431 % | £22,500 | £81,771 | £104,271 |
The Postcode Pricing Model uses changes in average sales price within the WV2 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 | 705.932 % | £158,834 | £181,334 |
| 3 Month Average | 498.453 % | £112,152 | £134,652 |
| 6 Month Average | 504.104 % | £113,423 | £135,923 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jan 2023 | £162,236 | £163,000 | 53 ARTHUR STREET |
| 20 Dec 2021 | £137,136 | £128,000 | 51 ARTHUR STREET |
| 22 Nov 2021 | £155,738 | £144,000 | 58 NAPIER ROAD |
| 22 Nov 2021 | £97,336 | £90,000 | 214 DUDLEY ROAD |
| 10 Dec 2020 | £109,033 | £95,000 | 66 NAPIER ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 12 May 2014. Using an estimated price of £104,272 means this house is valued at £1,158 per sq meter (£107 per sq foot).
The average size of a house on ARTHUR STREET is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Arthur Street |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Phoenix Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Phoenix Street |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Phoenix Street |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Napier Road |