£239,875
This estimated value is based upon the latest sale price for the house of £172,950 on 27 Nov 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£172,950 | 27 Nov 2015 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 2015 the House Price Index for WEST MIDLANDS was 106.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 38.696%.Applying this 38.696% change to the original purchase price of £172,950 results in an estimated price of approximately £239,875.
27 Nov 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 148.0 | 38.696 % | £172,950 | £66,925 | £239,875 |
The Postcode Pricing Model uses changes in average sales price within the B66 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 | 45.179 % | £78,137 | £251,087 |
3 Month Average | 22.704 % | £39,266 | £212,216 |
6 Month Average | 57.440 % | £99,342 | £272,292 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Mar 2024 | £210,712 | £210,000 | 4 WALNUT DRIVE |
11 Aug 2023 | £241,468 | £240,000 | 187 WINDMILL LANE |
22 Jun 2022 | £186,894 | £185,000 | 34 WINDMILL LANE |
24 May 2022 | £746,091 | £735,000 | 32 THOMAS STREET |
12 Oct 2021 | £42,978 | £39,000 | FLAT 9 UNETT COURT ST MATTHEWS ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 20 Oct 2015. Using an estimated price of £239,875 means this house is valued at £3,036 per sq meter (£282 per sq foot).
The average size of a house on WINDMILL PRECINCT is 79 sq meters (856 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Windmill Precinct |
Mar 2024 | Drugs | Unable to prosecute suspect | On or near Windmill Precinct |
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Thomas Street |
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Thomas Crescent |
Apr 2024 | Burglary | Under investigation | On or near Windmill Crescent |