£70,187
This estimated value is based upon the latest sale price for the house of £70,000 on 31 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 |
|---|---|
| £70,000 | 31 Jan 2023 |
| £90,000 | 21 Sep 2018 |
| Terraced |
| Freehold |
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 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £70,000 results in an estimated price of approximately £70,187.
| 31 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 149.7 | 0.268 % | £70,000 | £187 | £70,187 |
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 | 23.846 % | £16,691 | £86,691 |
| 3 Month Average | -6.729 % | £-4,710 | £65,289 |
| 6 Month Average | -0.971 % | £-679 | £69,320 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £146,270 | £145,000 | 42 JESSEL ROAD |
| 31 Jan 2023 | £70,188 | £70,000 | 97 RALEIGH STREET |
| 31 Mar 2022 | £158,678 | £152,000 | 191 PARGETER STREET |
| 28 Feb 2022 | £100,363 | £95,000 | 80 RALEIGH STREET |
| 22 Feb 2022 | £96,138 | £91,000 | 70 JESSEL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Raleigh Street |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Raleigh Street |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Raleigh Street |
| Sep 2024 | Drugs | Local resolution | On or near Raleigh Street |
| Jul 2024 | Anti-social behaviour | On or near Raleigh Street |