£101,146
This estimated value is based upon the latest sale price for the house of £80,000 on 12 Jan 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£80,000 | 12 Jan 2018 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 925 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 January 2018 the House Price Index for WEST MIDLANDS was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £80,000 results in an estimated price of approximately £101,146.
12 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.4 | 149.7 | 26.433 % | £80,000 | £21,146 | £101,146 |
The Postcode Pricing Model uses changes in average sales price within the WV2 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 | 62.007 % | £49,605 | £129,605 |
3 Month Average | 48.218 % | £38,574 | £118,574 |
6 Month Average | 69.168 % | £55,334 | £135,334 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Oct 2023 | £76,743 | £75,000 | 7 MASON STREET |
31 Mar 2023 | £165,768 | £163,000 | 1 FELLOWS STREET |
9 Sep 2022 | £149,900 | £150,000 | 9 MILFORD ROAD |
14 Apr 2022 | £165,988 | £160,000 | 12 MILFORD ROAD |
18 Mar 2022 | £120,313 | £115,250 | 53 MASON STREET |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 23 Oct 2017. Using an estimated price of £101,146 means this house is valued at £1,176 per sq meter (£109 per sq foot).
The average size of a house on LOWER VILLIERS STREET is 96 sq meters (1,043 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Lower Villiers Street |
May 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Lower Villiers Street |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lower Villiers Street |
Apr 2024 | Anti-social behaviour | On or near Lower Villiers Street | |
Apr 2024 | Anti-social behaviour | On or near Lower Villiers Street |