£174,626
This estimated value is based upon the latest sale price for the house of £89,950 on 9 Jul 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £89,950 | 9 Jul 2004 |
| £45,500 | 15 Jun 2001 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 July 2004 the House Price Index for WEST MIDLANDS was 76.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 94.137%.Applying this 94.137% change to the original purchase price of £89,950 results in an estimated price of approximately £174,626.
| 9 Jul 2004 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 148.0 | 94.137 % | £89,950 | £84,676 | £174,626 |
The Postcode Pricing Model uses changes in average sales price within the WV1 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 | -3.545 % | £-3,188 | £86,761 |
| 3 Month Average | 38.571 % | £34,695 | £124,645 |
| 6 Month Average | 72.343 % | £65,072 | £155,022 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £136,289 | £135,000 | 101 DEANSFIELD ROAD |
| 24 Mar 2023 | £170,924 | £170,000 | 66 HELMING DRIVE |
| 4 Jan 2023 | £218,084 | £220,000 | 13 KELSALL CLOSE |
| 9 Nov 2022 | £182,048 | £185,000 | 18 BOWMANS RISE |
| 10 Jun 2022 | £176,792 | £175,000 | 25 HILLSIDE GARDENS |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 30 Aug 2013. Using an estimated price of £174,626 means this house is valued at £2,771 per sq meter (£257 per sq foot).
The average size of a house on BOWMANS RISE is 110 sq meters (1,187 sq feet).
This house is the smallest in the street with a floor area of 63 sq meters (678 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bowman'S Rise |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Bowman'S Rise |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Kelsall Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kelsall Close |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Kelsall Close |