£100,672
This estimated value is based upon the latest sale price for the house of £100,000 on 16 Feb 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£100,000 | 16 Feb 2023 |
£73,000 | 8 Apr 2015 |
£95,000 | 8 Dec 2006 |
Terraced |
Freehold |
Floor Area: 82 sq meters or 882 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 February 2023 the House Price Index for WEST MIDLANDS was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £100,000 results in an estimated price of approximately £100,672.
16 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.7 | 149.7 | 0.672 % | £100,000 | £672 | £100,672 |
The Postcode Pricing Model uses changes in average sales price within the B23 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 | 2.767 % | £2,767 | £102,767 |
3 Month Average | -6.856 % | £-6,856 | £93,143 |
6 Month Average | -8.180 % | £-8,180 | £91,819 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Oct 2023 | £125,859 | £123,000 | 26 ROSARY ROAD |
16 Feb 2023 | £100,672 | £100,000 | 7 ROSARY ROAD |
24 Jun 2022 | £163,495 | £160,000 | 75 ST THOMAS ROAD |
18 Feb 2022 | £190,162 | £180,000 | 77 ROSARY ROAD |
3 Dec 2021 | £167,293 | £155,000 | 15 ST THOMAS ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 19 Dec 2016. Using an estimated price of £100,672 means this house is valued at £1,227 per sq meter (£114 per sq foot).
The average size of a house on ROSARY ROAD is 82 sq meters (884 sq feet).