£281,132
This estimated value is based upon the latest sale price for the house of £244,950 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£244,950 | 18 Dec 2020 |
£224,995 | 17 Dec 2018 |
Detached |
Freehold |
Floor Area: 107 sq meters or 1,151 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 2020 the House Price Index for WEST MIDLANDS was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £244,950 results in an estimated price of approximately £281,132.
18 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 148.6 | 14.771 % | £244,950 | £36,182 | £281,132 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 52.121 % | £127,669 | £372,619 |
3 Month Average | 15.932 % | £39,025 | £283,975 |
6 Month Average | 17.146 % | £41,999 | £286,949 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £172,555 | £170,000 | 9 ELDER ROAD |
24 Mar 2023 | £200,893 | £199,000 | 4 RALEIGH ROAD |
28 Jun 2022 | £165,337 | £163,000 | 41 SORREL DRIVE |
17 Jun 2022 | £304,300 | £300,000 | 42 ELDER ROAD |
30 May 2022 | £232,379 | £228,000 | 15 SORBUS STREET |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 5 Dec 2018. Using an estimated price of £281,132 means this house is valued at £2,627 per sq meter (£244 per sq foot).
The average size of a house on BELMONT STREET is 117 sq meters (1,267 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Sorrel Drive |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Parking Area |
Apr 2024 | Other theft | Unable to prosecute suspect | On or near Hemlock Way |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hemlock Way |
Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Hemlock Way |