£102,340
This estimated value is based upon the latest sale price for the house of £91,000 on 29 Apr 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £91,000 | 29 Apr 2021 |
| £78,500 | 19 Jul 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 April 2021 the House Price Index for WEST MIDLANDS was 131.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 12.462%.Applying this 12.462% change to the original purchase price of £91,000 results in an estimated price of approximately £102,340.
| 29 Apr 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.6 | 148.0 | 12.462 % | £91,000 | £11,340 | £102,340 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 55.399 % | £50,412 | £141,412 |
| 3 Month Average | 31.052 % | £28,256 | £119,256 |
| 6 Month Average | -2.001 % | £-1,821 | £89,178 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £93,264 | £91,500 | 20 MARTIN STREET |
| 8 Nov 2023 | £99,274 | £98,000 | 13 MARTIN STREET |
| 20 May 2022 | £197,942 | £195,000 | 27 MARTIN STREET |
| 14 Apr 2022 | £102,564 | £100,000 | 19 MARTIN STREET |
| 15 Dec 2021 | £165,393 | £155,000 | 649 PARKFIELD ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 22 Mar 2016. Using an estimated price of £102,340 means this house is valued at £1,204 per sq meter (£111 per sq foot).
The average size of a house on PARKFIELD ROAD is 74 sq meters (800 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Martin Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Martin Street |
| Feb 2024 | Other crime | Awaiting court outcome | On or near Martin Street |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Martin Street |
| Jan 2024 | Anti-social behaviour | On or near Martin Street |