£259,621
This estimated value is based upon the latest sale price for the house of £205,000 on 18 Dec 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Morville Street
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Price Paid | Date |
---|---|
£205,000 | 18 Dec 2017 |
£229,950 | 2 Apr 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 90 sq meters or 968 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 2017 the House Price Index for WEST MIDLANDS was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £205,000 results in an estimated price of approximately £259,621.
18 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 149.7 | 26.645 % | £205,000 | £54,621 | £259,621 |
The Postcode Pricing Model uses changes in average sales price within the B16 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 | 32.335 % | £66,286 | £271,286 |
3 Month Average | 38.909 % | £79,763 | £284,763 |
6 Month Average | 35.524 % | £72,824 | £277,824 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Aug 2022 | £105,493 | £105,000 | APARTMENT 83 42 RYLAND STREET |
22 Jun 2021 | £283,727 | £262,500 | APARTMENT 107 42 RYLAND STREET |
14 Oct 2020 | £158,357 | £134,000 | APARTMENT 21 40 RYLAND STREET |
12 Dec 2019 | £123,585 | £100,000 | APARTMENT 79 42 RYLAND STREET |
18 Nov 2019 | £117,375 | £95,000 | APARTMENT 38 42 RYLAND STREET |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 13 Aug 2012. Using an estimated price of £259,622 means this house is valued at £2,884 per sq meter (£267 per sq foot).
The average size of a house on RYLAND STREET is 55 sq meters (599 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Morville Street |
Sep 2024 | Burglary | Under investigation | On or near Morville Street |
Sep 2024 | Vehicle crime | Under investigation | On or near Morville Street |
Sep 2024 | Anti-social behaviour | On or near Morville Street | |
Sep 2024 | Anti-social behaviour | On or near Morville Street |