£195,097
This estimated value is based upon the latest sale price for the house of £159,500 on 27 May 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£159,500 | 27 May 2020 |
Terraced |
Freehold |
Floor Area: 94 sq meters or 1,012 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 2020 the House Price Index for WEST MIDLANDS was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £159,500 results in an estimated price of approximately £195,097.
27 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 148.6 | 22.318 % | £159,500 | £35,597 | £195,097 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | -27.948 % | £-44,576 | £114,923 |
3 Month Average | -2.978 % | £-4,749 | £154,750 |
6 Month Average | 1.778 % | £2,835 | £162,335 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £178,116 | £175,000 | 37 ALMA STREET |
28 Apr 2023 | £156,687 | £155,000 | 51 ALMA STREET |
17 Mar 2023 | £186,760 | £185,000 | 66 BEECHER STREET |
10 Mar 2023 | £151,427 | £150,000 | 19 BEECHER STREET |
10 Mar 2023 | £117,356 | £116,250 | 13 BEECHER STREET |
This house has a floor area of 94 sq meters or 1,012 sq feet when measured on 15 Feb 2012. Using an estimated price of £195,097 means this house is valued at £2,073 per sq meter (£192 per sq foot).
The average size of a house on ALMA STREET is 84 sq meters (914 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Alma Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Alma Street |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alma Street |
Mar 2024 | Possession of weapons | Under investigation | On or near Alma Street |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Alma Street |