£167,110
This estimated value is based upon the latest sale price for the house of £120,000 on 13 Nov 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£120,000 | 13 Nov 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 47 sq meters or 505 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 November 2015 the House Price Index for WEST MIDLANDS was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £120,000 results in an estimated price of approximately £167,110.
13 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 148.6 | 39.258 % | £120,000 | £47,110 | £167,110 |
The Postcode Pricing Model uses changes in average sales price within the B16 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 | -40.968 % | £-49,161 | £70,838 |
3 Month Average | 67.853 % | £81,423 | £201,423 |
6 Month Average | 54.185 % | £65,021 | £185,021 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £107,888 | £106,000 | APARTMENT 863 58 SHERBORNE STREET |
7 Oct 2020 | £106,751 | £91,000 | APARTMENT 859 58 SHERBORNE STREET |
5 Aug 2020 | £98,323 | £82,000 | APARTMENT 824 58 SHERBORNE STREET |
14 Aug 2019 | £194,429 | £158,000 | APARTMENT 784 58 SHERBORNE STREET |
3 Dec 2018 | £199,223 | £161,500 | APARTMENT 917 58 SHERBORNE STREET |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 13 Jun 2015. Using an estimated price of £167,110 means this house is valued at £3,555 per sq meter (£330 per sq foot).
The average size of a house on GROSVENOR STREET WEST is 88 sq meters (948 sq feet).
This house is the smallest in the street with a floor area of 47 sq meters (505 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Other theft | Unable to prosecute suspect | On or near Grosvenor Street West |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ryland Street |
Feb 2024 | Other theft | Unable to prosecute suspect | On or near Ryland Street |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Ryland Street |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Ryland Street |