£228,454
This estimated value is based upon the latest sale price for the house of £86,000 on 25 Oct 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £86,000 | 25 Oct 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 October 2002 the House Price Index for WEST MIDLANDS was 56.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 165.645%.Applying this 165.645% change to the original purchase price of £86,000 results in an estimated price of approximately £228,454.
| 25 Oct 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 56.4 | 149.7 | 165.645 % | £86,000 | £142,454 | £228,454 |
The Postcode Pricing Model uses changes in average sales price within the B70 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 | 178.595 % | £153,591 | £239,591 |
| 3 Month Average | 188.255 % | £161,899 | £247,899 |
| 6 Month Average | 217.455 % | £187,011 | £273,011 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2024 | £223,000 | £223,000 | 80 DAWES AVENUE |
| 14 Jun 2024 | £223,000 | £223,000 | 61 MORRIS STREET |
| 24 Apr 2024 | £200,239 | £198,500 | 17 MAUD ROAD |
| 31 Oct 2023 | £214,880 | £210,000 | 19 GILL STREET |
| 18 Aug 2023 | £222,004 | £218,000 | 22 GILL STREET |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 10 Nov 2015. Using an estimated price of £228,455 means this house is valued at £2,430 per sq meter (£225 per sq foot).
The average size of a house on MORRIS STREET is 85 sq meters (919 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maud Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Maud Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gill Street |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Gill Street |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Dawes Avenue |