£112,911
This estimated value is based upon the latest sale price for the house of £57,500 on 23 Jul 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £57,500 | 23 Jul 2004 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 July 2004 the House Price Index for WEST MIDLANDS was 76.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 96.367%.Applying this 96.367% change to the original purchase price of £57,500 results in an estimated price of approximately £112,911.
| 23 Jul 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 149.7 | 96.367 % | £57,500 | £55,411 | £112,911 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | 11.760 % | £6,761 | £64,261 |
| 3 Month Average | 59.095 % | £33,979 | £91,479 |
| 6 Month Average | 93.874 % | £53,977 | £111,477 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £146,270 | £145,000 | 42 JESSEL ROAD |
| 24 Jan 2023 | £110,796 | £110,500 | 3 JESSEL ROAD |
| 20 Jul 2022 | £121,215 | £120,000 | 16 JESSEL ROAD |
| 28 Feb 2022 | £100,363 | £95,000 | 80 RALEIGH STREET |
| 22 Feb 2022 | £96,138 | £91,000 | 70 JESSEL ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 18 Feb 2017. Using an estimated price of £112,911 means this house is valued at £1,613 per sq meter (£149 per sq foot).
The average size of a house on CAIRNS STREET is 91 sq meters (990 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Cairns Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cairns Street |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Cairns Street |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cairns Street |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Cairns Street |