£117,876
This estimated value is based upon the latest sale price for the house of £90,000 on 6 Feb 2017. 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 | 6 Feb 2017 |
| £100,000 | 31 Aug 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 2017 the House Price Index for WEST MIDLANDS was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £90,000 results in an estimated price of approximately £117,876.
| 6 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 149.7 | 30.973 % | £90,000 | £27,876 | £117,876 |
The Postcode Pricing Model uses changes in average sales price within the WV2 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 | 146.417 % | £131,775 | £221,775 |
| 3 Month Average | 58.837 % | £52,953 | £142,953 |
| 6 Month Average | 63.313 % | £56,981 | £146,981 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jan 2023 | £163,437 | £163,000 | 53 ARTHUR STREET |
| 20 Dec 2021 | £138,151 | £128,000 | 51 ARTHUR STREET |
| 22 Nov 2021 | £156,891 | £144,000 | 58 NAPIER ROAD |
| 22 Nov 2021 | £98,057 | £90,000 | 214 DUDLEY ROAD |
| 10 Dec 2020 | £109,840 | £95,000 | 66 NAPIER ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 19 Oct 2016. Using an estimated price of £117,876 means this house is valued at £1,281 per sq meter (£119 per sq foot).
The average size of a house on ARTHUR STREET is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Arthur Street |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arthur Street |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Arthur Street |
| Apr 2024 | Anti-social behaviour | On or near Arthur Street | |
| Apr 2024 | Anti-social behaviour | On or near Arthur Street |