£127,619
This estimated value is based upon the latest sale price for the house of £80,000 on 13 Feb 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £80,000 | 13 Feb 2014 |
| £80,000 | 31 Aug 2005 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 750 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 2014 the House Price Index for WEST MIDLANDS was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £80,000 results in an estimated price of approximately £127,619.
| 13 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 149.7 | 59.525 % | £80,000 | £47,619 | £127,619 |
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 | -8.174 % | £-6,539 | £73,460 |
| 3 Month Average | 32.696 % | £26,157 | £106,157 |
| 6 Month Average | 60.748 % | £48,598 | £128,598 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £146,270 | £145,000 | 42 JESSEL ROAD |
| 25 Aug 2023 | £122,204 | £120,000 | 41 DALKEITH STREET |
| 24 Jan 2023 | £110,796 | £110,500 | 3 JESSEL ROAD |
| 20 Jul 2022 | £121,215 | £120,000 | 16 JESSEL ROAD |
| 11 Mar 2022 | £126,316 | £121,000 | 52 DALKEITH STREET |
This house has a floor area of 69 sq meters or 750 sq feet when measured on 21 Jul 2011. Using an estimated price of £127,620 means this house is valued at £1,830 per sq meter (£170 per sq foot).
The average size of a house on HOLLYHEDGE LANE is 90 sq meters (975 sq feet).
This house is the smallest in the street with a floor area of 69 sq meters (750 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Hollyhedge Lane |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hollyhedge Lane |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Hollyhedge Lane |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hollyhedge Lane |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hollyhedge Lane |