£144,611
This estimated value is based upon the latest sale price for the house of £115,000 on 5 Apr 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near The Cutting
More crime details
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Price Paid | Date |
---|---|
£115,000 | 5 Apr 2018 |
Terraced |
Freehold |
Floor Area: 100 sq meters or 1,076 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 2018 the House Price Index for WEST MIDLANDS was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £115,000 results in an estimated price of approximately £144,611.
5 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.0 | 149.7 | 25.749 % | £115,000 | £29,611 | £144,611 |
The Postcode Pricing Model uses changes in average sales price within the WS4 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 | 69.973 % | £80,468 | £195,468 |
3 Month Average | 34.156 % | £39,279 | £154,279 |
6 Month Average | 22.679 % | £26,081 | £141,081 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Mar 2024 | £132,028 | £130,000 | FLAT 7 SCHOOL LOFTS CECIL STREET |
24 Oct 2023 | £133,021 | £130,000 | FLAT 10 SCHOOL LOFTS CECIL STREET |
11 Aug 2023 | £106,929 | £105,000 | FLAT 12 SCHOOL LOFTS CECIL STREET |
28 Feb 2023 | £130,874 | £130,000 | FLAT 20 SCHOOL LOFTS CECIL STREET |
6 Feb 2023 | £151,009 | £150,000 | 63 WILLIAM STREET |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 9 Dec 2017. Using an estimated price of £144,612 means this house is valued at £1,446 per sq meter (£134 per sq foot).
The average size of a house on CECIL STREET is 78 sq meters (848 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Cutting |
Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near The Cutting |
Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near The Cutting |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Cutting |
Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near The Cutting |