£147,643
This estimated value is based upon the latest sale price for the house of £79,950 on 31 Aug 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £79,950 | 31 Aug 2005 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 August 2005 the House Price Index for WEST MIDLANDS was 81.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.670%.Applying this 84.670% change to the original purchase price of £79,950 results in an estimated price of approximately £147,643.
| 31 Aug 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 149.7 | 84.670 % | £79,950 | £67,693 | £147,643 |
The Postcode Pricing Model uses changes in average sales price within the B7 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 | 152.875 % | £122,223 | £202,173 |
| 3 Month Average | 85.682 % | £68,502 | £148,452 |
| 6 Month Average | 95.324 % | £76,211 | £156,161 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £225,730 | £220,000 | 103 NECHELLS PARK ROAD |
| 30 Jun 2023 | £408,180 | £400,000 | 91 - 97 MOUNT STREET |
| 2 Mar 2023 | £233,906 | £230,000 | 263 NECHELLS PARK ROAD |
| 7 Feb 2023 | £166,110 | £165,000 | 166 NECHELLS PARK ROAD |
| 2 Sep 2022 | £69,953 | £70,000 | 19 CHATTAWAY STREET |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 21 Feb 2014. Using an estimated price of £147,643 means this house is valued at £1,716 per sq meter (£159 per sq foot).
The average size of a house on NEEDHAM STREET is 101 sq meters (1,088 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Needham Street |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Needham Street |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Needham Street |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Place |
| Oct 2024 | Anti-social behaviour | On or near Park Place |