£185,312
This estimated value is based upon the latest sale price for the house of £88,000 on 17 Mar 2004. 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 Peel Street
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| Price Paid | Date |
|---|---|
| £88,000 | 17 Mar 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 March 2004 the House Price Index for WEST MIDLANDS was 71.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 110.582%.Applying this 110.582% change to the original purchase price of £88,000 results in an estimated price of approximately £185,312.
| 17 Mar 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 149.7 | 110.582 % | £88,000 | £97,312 | £185,312 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | 206.416 % | £181,645 | £269,645 |
| 3 Month Average | 84.917 % | £74,726 | £162,726 |
| 6 Month Average | 82.603 % | £72,690 | £160,690 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £245,410 | £240,000 | 1 JAMES EATON CLOSE |
| 22 Sep 2023 | £199,396 | £195,000 | 39 LILY STREET |
| 18 Aug 2023 | £194,508 | £191,000 | 31 NELSON STREET |
| 1 Apr 2022 | £228,233 | £220,000 | 28 JAMES EATON CLOSE |
| 25 Nov 2021 | £80,624 | £74,000 | 40 LILY STREET |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 9 Jul 2015. Using an estimated price of £185,312 means this house is valued at £2,082 per sq meter (£193 per sq foot).
The average size of a house on LILY STREET is 65 sq meters (709 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Peel Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Peel Street |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Peel Street |
| May 2024 | Robbery | Investigation complete; no suspect identified | On or near Peel Street |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Peel Street |