£106,525
This estimated value is based upon the latest sale price for the house of £32,500 on 3 Sep 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£32,500 | 3 Sep 2001 |
Terraced |
Freehold |
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 September 2001 the House Price Index for WEST MIDLANDS was 45.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 227.771%.Applying this 227.771% change to the original purchase price of £32,500 results in an estimated price of approximately £106,525.
3 Sep 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
45.3 | 148.6 | 227.771 % | £32,500 | £74,025 | £106,525 |
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 | -27.946 % | £-9,082 | £23,417 |
3 Month Average | 151.282 % | £49,166 | £81,666 |
6 Month Average | 176.352 % | £57,314 | £89,814 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jul 2023 | £172,319 | £170,000 | 62 MAJUBA ROAD |
27 Jun 2022 | £167,365 | £165,000 | 17 MAJUBA ROAD |
27 May 2022 | £171,736 | £168,500 | 25 MAJUBA ROAD |
22 Dec 2021 | £192,848 | £180,000 | 21 MAJUBA ROAD |
9 Jun 2021 | £187,762 | £175,000 | 37 BARRETT STREET |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 24 Nov 2021. Using an estimated price of £106,526 means this house is valued at £1,183 per sq meter (£109 per sq foot).
The average size of a house on MAJUBA ROAD is 92 sq meters (1,000 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Under investigation | On or near Majuba Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Majuba Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Majuba Road |
Dec 2023 | Anti-social behaviour | On or near Majuba Road | |
Dec 2023 | Anti-social behaviour | On or near Majuba Road |