£242,178
This estimated value is based upon the latest sale price for the house of £180,000 on 30 Jun 2016. 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 Wood Street
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Price Paid | Date |
---|---|
£180,000 | 30 Jun 2016 |
£157,000 | 16 Dec 2005 |
£67,500 | 9 Nov 2001 |
Semi-Detached |
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 June 2016 the House Price Index for WEST MIDLANDS was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £180,000 results in an estimated price of approximately £242,178.
30 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.3 | 149.7 | 34.544 % | £180,000 | £62,178 | £242,178 |
The Postcode Pricing Model uses changes in average sales price within the DY8 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 | 33.628 % | £60,529 | £240,529 |
3 Month Average | 31.067 % | £55,921 | £235,921 |
6 Month Average | 44.564 % | £80,215 | £260,215 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Jul 2024 | £675,000 | £675,000 | 51 WOOD STREET |
25 Sep 2023 | £255,635 | £250,000 | 49 WOOD STREET |
22 Sep 2023 | £199,907 | £195,500 | 25A WOOD STREET |
24 Aug 2023 | £213,857 | £210,000 | 16 FIRMSTONE STREET |
30 Mar 2023 | £224,753 | £221,000 | 51 HIGH STREET |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 11 Jan 2016. Using an estimated price of £242,178 means this house is valued at £2,816 per sq meter (£261 per sq foot).
The average size of a house on LABURNUM STREET is 94 sq meters (1,013 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wood Street |
Jul 2024 | Burglary | Unable to prosecute suspect | On or near Wood Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Wood Street |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Laburnum Close |
Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Laburnum Close |