£206,088
This estimated value is based upon the latest sale price for the house of £49,000 on 1 Sep 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£49,000 | 1 Sep 1999 |
£32,000 | 19 Sep 1997 |
Terraced |
Freehold |
Floor Area: 75 sq meters or 813 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 September 1999 the House Price Index for WEST MIDLANDS was 35.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 320.589%.Applying this 320.589% change to the original purchase price of £49,000 results in an estimated price of approximately £206,088.
1 Sep 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
35.3 | 148.6 | 320.589 % | £49,000 | £157,088 | £206,088 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 226.148 % | £110,812 | £159,812 |
3 Month Average | 178.199 % | £87,317 | £136,317 |
6 Month Average | 230.405 % | £112,898 | £161,898 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Dec 2023 | £190,330 | £187,000 | 55 CHERRY STREET |
16 Nov 2023 | £163,419 | £161,000 | 74 BLOOMFIELD STREET NORTH |
28 Apr 2023 | £232,503 | £230,000 | 87 CHERRY STREET |
10 Feb 2023 | £184,876 | £185,000 | 84 BLOOMFIELD STREET NORTH |
9 Jan 2023 | £199,062 | £200,000 | 81 CHERRY STREET |
This house has a floor area of 75 sq meters or 813 sq feet when measured on 19 Nov 2008. Using an estimated price of £206,089 means this house is valued at £2,726 per sq meter (£253 per sq foot).
The average size of a house on CHERRY STREET is 77 sq meters (837 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Unable to prosecute suspect | On or near Cherry Orchard Crescent |
Mar 2024 | Anti-social behaviour | On or near Bloomfield Street West | |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Bloomfield Street West |
Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Stourbridge Road |
Mar 2024 | Anti-social behaviour | On or near A458 |