£126,573
This estimated value is based upon the latest sale price for the house of £102,500 on 12 Sep 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £102,500 | 12 Sep 2018 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 September 2018 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £102,500 results in an estimated price of approximately £126,573.
| 12 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £102,500 | £24,073 | £126,573 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | 33.046 % | £33,872 | £136,372 |
| 3 Month Average | 24.919 % | £25,541 | £128,041 |
| 6 Month Average | 24.932 % | £25,555 | £128,055 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £455,828 | £450,000 | UNIT 10 ACORN PARK VERNON ROAD |
| 24 Jul 2023 | £167,251 | £165,000 | 23 VICARAGE ROAD |
| 17 Feb 2023 | £169,886 | £170,000 | 1 UPPER ASHLEY STREET |
| 6 Feb 2023 | £147,900 | £148,000 | 42A VICARAGE ROAD |
| 22 Nov 2022 | £9,880 | £10,000 | 117 NEW JOHN STREET |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 1 Mar 2018. Using an estimated price of £126,574 means this house is valued at £1,454 per sq meter (£135 per sq foot).
The average size of a house on NEW JOHN STREET is 85 sq meters (921 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New John Street |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Shopping Area |
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Beechfield Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Beechfield Close |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Beechfield Close |