£77,849
This estimated value is based upon the latest sale price for the house of £52,000 on 6 Oct 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£52,000 | 6 Oct 2014 |
Semi-Detached |
Freehold |
Floor Area: 76 sq meters or 818 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 October 2014 the House Price Index for WEST MIDLANDS was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £52,000 results in an estimated price of approximately £77,849.
6 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.3 | 148.6 | 49.711 % | £52,000 | £25,849 | £77,849 |
The Postcode Pricing Model uses changes in average sales price within the WS10 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 | 70.893 % | £36,864 | £88,864 |
3 Month Average | 38.247 % | £19,888 | £71,888 |
6 Month Average | 74.351 % | £38,662 | £90,662 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £137,029 | £135,000 | 56 RICHARDS STREET |
11 Aug 2023 | £247,162 | £245,000 | 23 JASMINE WAY |
9 Aug 2023 | £248,171 | £246,000 | 15 TARYN DRIVE |
14 Apr 2023 | £172,861 | £171,000 | 27 FLORIAN GROVE |
31 Mar 2023 | £151,427 | £150,000 | 43 PATTERN DRIVE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 24 Apr 2015. Using an estimated price of £77,850 means this house is valued at £1,024 per sq meter (£95 per sq foot).
The average size of a house on RICHARDS STREET is 80 sq meters (871 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Richards Street |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Carriage Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Carriage Close |
Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Pattern Drive |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pattern Drive |