£147,431
This estimated value is based upon the latest sale price for the house of £120,000 on 19 Dec 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £120,000 | 19 Dec 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2018 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.860%.Applying this 22.860% change to the original purchase price of £120,000 results in an estimated price of approximately £147,431.
| 19 Dec 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.860 % | £120,000 | £27,431 | £147,431 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | 9.025 % | £10,830 | £130,830 |
| 3 Month Average | 29.266 % | £35,119 | £155,119 |
| 6 Month Average | 18.967 % | £22,760 | £142,760 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £142,481 | £142,000 | 23 OAK AVENUE |
| 20 Dec 2023 | £188,567 | £185,000 | 13 ATTLEE ROAD |
| 21 Nov 2023 | £162,081 | £160,000 | 4 MONMOUTH ROAD |
| 16 Nov 2023 | £146,886 | £145,000 | 39 ATTLEE ROAD |
| 17 Jul 2023 | £176,671 | £175,000 | 124 CHURCHILL ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 13 Oct 2018. Using an estimated price of £147,432 means this house is valued at £2,047 per sq meter (£190 per sq foot).
The average size of a house on MARGARET ROAD is 83 sq meters (896 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Margaret Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Margaret Road |
| Apr 2024 | Other crime | Investigation complete; no suspect identified | On or near Oak Avenue |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Oak Avenue |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oak Avenue |