£214,683
This estimated value is based upon the latest sale price for the house of £175,000 on 20 Dec 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £175,000 | 20 Dec 2019 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £175,000 results in an estimated price of approximately £214,683.
| 20 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £175,000 | £39,683 | £214,683 |
The Postcode Pricing Model uses changes in average sales price within the B11 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 | 11.426 % | £19,994 | £194,994 |
| 3 Month Average | -6.007 % | £-10,512 | £164,487 |
| 6 Month Average | 1.693 % | £2,962 | £177,962 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £247,162 | £245,000 | 77 MAIN STREET |
| 24 Mar 2023 | £222,092 | £220,000 | 24 PRIESTLEY ROAD |
| 24 Oct 2022 | £93,394 | £94,400 | 33 MAIN STREET |
| 10 Aug 2022 | £104,718 | £105,000 | 51 TIMBERS WAY |
| 23 Mar 2022 | £111,916 | £108,000 | 26 TURNPIKE CLOSE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 2 Nov 2016. Using an estimated price of £214,684 means this house is valued at £2,940 per sq meter (£273 per sq foot).
The average size of a house on LONG STREET is 84 sq meters (906 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arundel Place |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Timbers Way |
| Apr 2024 | Robbery | Investigation complete; no suspect identified | On or near Timbers Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Timbers Way |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Timbers Way |