£104,641
This estimated value is based upon the latest sale price for the house of £62,000 on 25 Aug 2010. 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 Law Street
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Price Paid | Date |
---|---|
£62,000 | 25 Aug 2010 |
Terraced |
Freehold |
Floor Area: 69 sq meters or 751 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 August 2010 the House Price Index for WEST MIDLANDS was 87.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 68.777%.Applying this 68.777% change to the original purchase price of £62,000 results in an estimated price of approximately £104,641.
25 Aug 2010 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 148.0 | 68.777 % | £62,000 | £42,641 | £104,641 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | 20.983 % | £13,009 | £75,009 |
3 Month Average | 48.034 % | £29,781 | £91,781 |
6 Month Average | 75.760 % | £46,971 | £108,971 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jul 2023 | £85,812 | £85,000 | 8 SUNNYDALE WALK |
19 Apr 2023 | £141,048 | £140,000 | 14 RALEIGH STREET |
31 Mar 2023 | £150,815 | £150,000 | 38 LAW STREET |
13 Jan 2023 | £59,478 | £60,000 | 119 RUSKIN STREET |
18 Aug 2022 | £240,376 | £242,000 | 122 RUSKIN STREET |
This house has a floor area of 69 sq meters or 751 sq feet when measured on 17 Mar 2010. Using an estimated price of £104,642 means this house is valued at £1,498 per sq meter (£139 per sq foot).
The average size of a house on LAW STREET is 89 sq meters (967 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Law Street |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Law Street |
Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Law Street |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Law Street |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Raleigh Street |