£113,331
This estimated value is based upon the latest sale price for the house of £110,000 on 5 Jan 2024. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£110,000 | 5 Jan 2024 |
£74,000 | 1 Dec 2016 |
Terraced |
Freehold |
Floor Area: 81 sq meters or 871 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 January 2024 the House Price Index for WEST MIDLANDS was 145.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.028%.Applying this 3.028% change to the original purchase price of £110,000 results in an estimated price of approximately £113,331.
5 Jan 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.3 | 149.7 | 3.028 % | £110,000 | £3,331 | £113,331 |
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 | -24.095 % | £-26,504 | £83,495 |
3 Month Average | 6.666 % | £7,332 | £117,332 |
6 Month Average | 8.298 % | £9,128 | £119,128 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 May 2024 | £135,000 | £135,000 | 79 OLD BIRCHILLS |
30 Mar 2022 | £88,734 | £85,000 | 33 MINER STREET |
15 Jul 2021 | £578,886 | £500,000 | MONMORE GREEN WORKS GREEN STREET |
27 Aug 2020 | £78,516 | £65,000 | 33 DALKEITH STREET |
17 Jan 2020 | £147,449 | £120,000 | 5 REEDSWOOD CLOSE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 8 May 2021.
The average size of a house on MINER STREET is 79 sq meters (858 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Miner Street |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Miner Street |
Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Miner Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Miner Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Miner Street |