£87,696
This estimated value is based upon the latest sale price for the house of £19,000 on 6 Nov 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £19,000 | 6 Nov 1998 |
| Terraced |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 November 1998 the House Price Index for WEST MIDLANDS was 32.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 361.559%.Applying this 361.559% change to the original purchase price of £19,000 results in an estimated price of approximately £87,696.
| 6 Nov 1998 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 148.0 | 361.559 % | £19,000 | £68,696 | £87,696 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 255.227 % | £48,493 | £67,493 |
| 3 Month Average | 225.956 % | £42,931 | £61,931 |
| 6 Month Average | 245.631 % | £46,669 | £65,669 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Feb 2023 | £159,247 | £160,000 | 64 PEARSON STREET |
| 26 Aug 2022 | £175,315 | £176,500 | 64 PETFORD STREET |
| 27 May 2022 | £192,867 | £190,000 | 18 BEARMORE ROAD |
| 2 Feb 2022 | £177,558 | £170,000 | 65 PEARSON STREET |
| 26 Nov 2021 | £140,029 | £130,000 | 10 BEARMORE ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 11 Aug 2020. Using an estimated price of £87,696 means this house is valued at £1,594 per sq meter (£148 per sq foot).
The average size of a house on PETFORD STREET is 62 sq meters (671 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Unable to prosecute suspect | On or near Petford Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Petford Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Petford Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petford Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petford Street |