£111,843
This estimated value is based upon the latest sale price for the house of £90,000 on 17 Dec 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£90,000 | 17 Dec 2018 |
£87,950 | 29 Nov 2006 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 December 2018 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £90,000 results in an estimated price of approximately £111,843.
17 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.271 % | £90,000 | £21,843 | £111,843 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | 14.029 % | £12,625 | £102,625 |
3 Month Average | 18.399 % | £16,558 | £106,558 |
6 Month Average | 21.930 % | £19,736 | £109,736 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £116,066 | £112,500 | 166 PRINCE STREET |
12 Aug 2022 | £251,174 | £250,000 | 337 PLECK ROAD |
28 Jun 2022 | £137,949 | £135,000 | 165 PRINCE STREET |
13 Nov 2020 | £122,633 | £105,000 | 138 PRINCE STREET |
6 Nov 2020 | £169,351 | £145,000 | 93 SCARBOROUGH ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 2 Aug 2017. Using an estimated price of £111,844 means this house is valued at £1,597 per sq meter (£148 per sq foot).
The average size of a house on PLECK ROAD is 92 sq meters (993 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Vicarage Terrace |
Oct 2024 | Drugs | Under investigation | On or near Vicarage Terrace |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Vicarage Terrace |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vicarage Terrace |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Vicarage Terrace |