£259,445
This estimated value is based upon the latest sale price for the house of £60,000 on 27 Aug 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £60,000 | 27 Aug 1999 |
| Terraced |
| 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 August 1999 the House Price Index for WEST MIDLANDS was 34.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 332.409%.Applying this 332.409% change to the original purchase price of £60,000 results in an estimated price of approximately £259,445.
| 27 Aug 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.6 | 149.7 | 332.409 % | £60,000 | £199,445 | £259,445 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 359.921 % | £215,952 | £275,952 |
| 3 Month Average | 311.834 % | £187,100 | £247,100 |
| 6 Month Average | 301.316 % | £180,789 | £240,789 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £184,840 | £182,000 | 12 CATHERINE ROAD |
| 6 Oct 2023 | £301,856 | £295,000 | 4 MASLIN DRIVE |
| 27 Jun 2023 | £195,926 | £192,000 | 7 OLDFIELD ROAD |
| 14 Jun 2023 | £290,828 | £285,000 | 45 PAUL STREET |
| 29 Mar 2023 | £208,482 | £205,000 | 45 HURST ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 30 Jul 2014. Using an estimated price of £259,445 means this house is valued at £3,016 per sq meter (£280 per sq foot).
The average size of a house on PAUL STREET is 85 sq meters (920 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Paul Street |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hurst Road |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Flaxen Field |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Flaxen Field |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Flaxen Field |