£166,951
This estimated value is based upon the latest sale price for the house of £108,000 on 12 Dec 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£108,000 | 12 Dec 2007 |
£31,500 | 16 Oct 1998 |
Terraced |
Freehold |
Floor Area: 103 sq meters or 1,108 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 December 2007 the House Price Index for WEST MIDLANDS was 95.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 54.585%.Applying this 54.585% change to the original purchase price of £108,000 results in an estimated price of approximately £166,951.
12 Dec 2007 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.7 | 148.0 | 54.585 % | £108,000 | £58,951 | £166,951 |
The Postcode Pricing Model uses changes in average sales price within the CV2 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 | 40.055 % | £43,259 | £151,259 |
3 Month Average | 38.668 % | £41,761 | £149,761 |
6 Month Average | 49.593 % | £53,560 | £161,560 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Apr 2024 | £130,000 | £130,000 | 66 SIGNET SQUARE |
21 Jul 2023 | £121,146 | £120,000 | 31 MOWBRAY STREET |
14 Jul 2023 | £353,342 | £350,000 | 23 KING RICHARD STREET |
30 Mar 2023 | £128,696 | £128,000 | 48 KING RICHARD STREET |
20 Mar 2023 | £203,601 | £202,500 | 38 KING RICHARD STREET |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 8 Sep 2016. Using an estimated price of £166,951 means this house is valued at £1,620 per sq meter (£150 per sq foot).
The average size of a house on KING RICHARD STREET is 111 sq meters (1,197 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Wren Street | |
Apr 2024 | Public order | Unable to prosecute suspect | On or near Wren Street |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wren Street |
Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Wren Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Wren Street |