£144,816
This estimated value is based upon the latest sale price for the house of £90,000 on 24 Jan 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £90,000 | 24 Jan 2014 |
| Terraced |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 January 2014 the House Price Index for WEST MIDLANDS was 93.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.908%.Applying this 60.908% change to the original purchase price of £90,000 results in an estimated price of approximately £144,816.
| 24 Jan 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 149.7 | 60.908 % | £90,000 | £54,816 | £144,816 |
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 | 75.774 % | £68,196 | £158,196 |
| 3 Month Average | 56.886 % | £51,197 | £141,197 |
| 6 Month Average | 59.242 % | £53,317 | £143,317 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £153,381 | £150,000 | 20 RALEIGH STREET |
| 31 Jan 2023 | £70,188 | £70,000 | 97 RALEIGH STREET |
| 29 Jul 2022 | £116,164 | £115,000 | 47 RALEIGH STREET |
| 20 Sep 2021 | £112,899 | £104,000 | 12 PARGETER STREET |
| 18 Dec 2020 | £92,497 | £80,000 | 76 PARGETER STREET |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 7 Sep 2021. Using an estimated price of £144,817 means this house is valued at £1,122 per sq meter (£104 per sq foot).
The average size of a house on RALEIGH STREET is 114 sq meters (1,227 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Raleigh Street |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Raleigh Street |
| Sep 2024 | Drugs | Local resolution | On or near Raleigh Street |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Raleigh Street |
| Jul 2024 | Anti-social behaviour | On or near Raleigh Street |