£136,451
This estimated value is based upon the latest sale price for the house of £86,000 on 8 Jun 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £86,000 | 8 Jun 2007 |
| £23,250 | 3 Jan 1996 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2007 the House Price Index for WEST MIDLANDS was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £86,000 results in an estimated price of approximately £136,451.
| 8 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 148.6 | 58.665 % | £86,000 | £50,451 | £136,451 |
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 | 123.469 % | £106,183 | £192,183 |
| 3 Month Average | 71.887 % | £61,823 | £147,823 |
| 6 Month Average | 66.266 % | £56,989 | £142,989 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jan 2023 | £162,236 | £163,000 | 53 ARTHUR STREET |
| 29 Nov 2022 | £128,444 | £130,000 | 82 NAPIER ROAD |
| 20 Dec 2021 | £137,136 | £128,000 | 51 ARTHUR STREET |
| 22 Nov 2021 | £155,738 | £144,000 | 58 NAPIER ROAD |
| 10 Dec 2020 | £109,033 | £95,000 | 66 NAPIER ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 10 Dec 2014. Using an estimated price of £136,452 means this house is valued at £1,705 per sq meter (£158 per sq foot).
The average size of a house on NAPIER ROAD is 79 sq meters (855 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Napier Road |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Napier Road |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Napier Road |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Napier Road |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Napier Road |