£88,810
This estimated value is based upon the latest sale price for the house of £60,000 on 9 Apr 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£60,000 | 9 Apr 2015 |
Terraced |
Freehold |
Floor Area: 135 sq meters or 1,453 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 April 2015 the House Price Index for WEST MIDLANDS was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £60,000 results in an estimated price of approximately £88,810.
9 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.1 | 149.7 | 48.018 % | £60,000 | £28,810 | £88,810 |
The Postcode Pricing Model uses changes in average sales price within the B8 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 | 112.251 % | £67,350 | £127,350 |
3 Month Average | 73.645 % | £44,187 | £104,187 |
6 Month Average | 69.261 % | £41,556 | £101,556 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Dec 2021 | £93,900 | £87,000 | 24 PHILLIMORE ROAD |
5 Nov 2021 | £132,921 | £122,000 | 2 WRIGHT ROAD |
5 Mar 2021 | £149,700 | £133,500 | 103 HAVELOCK ROAD |
6 Feb 2020 | £24,651 | £20,000 | 108 - 110 ALUM ROCK ROAD |
15 Feb 2019 | £124,441 | £100,000 | 120 HAVELOCK ROAD |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 6 Mar 2015. Using an estimated price of £88,811 means this house is valued at £657 per sq meter (£61 per sq foot).
The average size of a house on WRIGHT ROAD is 79 sq meters (861 sq feet).
This house is the largest in the street with a floor area of 135 sq meters (1,453 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Public order | Under investigation | On or near Havelock Road |
Aug 2024 | Public order | Unable to prosecute suspect | On or near Havelock Road |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Havelock Road |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Havelock Road |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Phillimore Road |