£170,604
This estimated value is based upon the latest sale price for the house of £137,000 on 20 May 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £137,000 | 20 May 2019 |
| £33,000 | 11 Jun 1999 |
| Terraced |
| Freehold |
| Floor Area: 36 sq meters or 387 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 May 2019 the House Price Index for WEST MIDLANDS was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £137,000 results in an estimated price of approximately £170,604.
| 20 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £137,000 | £33,604 | £170,604 |
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 | -9.533 % | £-13,060 | £123,939 |
| 3 Month Average | 10.540 % | £14,440 | £151,440 |
| 6 Month Average | 23.992 % | £32,868 | £169,868 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £215,756 | £211,000 | 7 SOMERS ROAD |
| 25 Mar 2022 | £187,908 | £180,000 | 11 GOWER STREET |
| 10 Feb 2022 | £131,001 | £124,000 | 20 HOUGH ROAD |
| 28 Sep 2021 | £176,948 | £163,000 | 87 GOWER STREET |
| 27 Aug 2021 | £174,200 | £155,000 | 48 HOUGH ROAD |
This house has a floor area of 36 sq meters or 387 sq feet when measured on 20 Nov 2013. Using an estimated price of £170,604 means this house is valued at £4,739 per sq meter (£440 per sq foot).
The average size of a house on GOWER STREET is 83 sq meters (903 sq feet).
This house is the smallest in the street with a floor area of 36 sq meters (387 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Aldis Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Aldis Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Aldis Road |
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Aldis Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Aldis Road |