£178,432
This estimated value is based upon the latest sale price for the house of £180,000 on 20 Jan 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £180,000 | 20 Jan 2023 |
| £114,000 | 13 Oct 2014 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2023 the House Price Index for WEST MIDLANDS was 149.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.871%.Applying this -0.871% change to the original purchase price of £180,000 results in an estimated price of approximately £178,432.
| 20 Jan 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.0 | -0.871 % | £180,000 | £-1,567 | £178,432 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | -22.436 % | £-40,384 | £139,615 |
| 3 Month Average | -5.911 % | £-10,640 | £169,359 |
| 6 Month Average | 0.233 % | £419 | £180,419 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £221,091 | £219,000 | 26 OLIVE DRIVE |
| 31 Mar 2023 | £211,141 | £210,000 | 42 UPPER ASHLEY STREET |
| 20 Jan 2023 | £178,433 | £180,000 | 91 NEW JOHN STREET |
| 22 Nov 2022 | £9,840 | £10,000 | 117 NEW JOHN STREET |
| 16 Nov 2022 | £186,968 | £190,000 | 57 UPPER ASHLEY STREET |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 18 Mar 2014. Using an estimated price of £178,433 means this house is valued at £2,050 per sq meter (£190 per sq foot).
The average size of a house on NEW JOHN STREET is 85 sq meters (921 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Halesowen Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Halesowen Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Halesowen Street |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Halesowen Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Frank Tommey Close |