£75,428
This estimated value is based upon the latest sale price for the house of £60,000 on 21 Dec 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £60,000 | 21 Dec 2017 |
| £72,000 | 24 Sep 2010 |
| £59,000 | 25 Apr 2003 |
| Terraced |
| Leasehold |
| Floor Area: 50 sq meters or 547 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 December 2017 the House Price Index for WEST MIDLANDS was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £60,000 results in an estimated price of approximately £75,428.
| 21 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £60,000 | £15,428 | £75,428 |
The Postcode Pricing Model uses changes in average sales price within the DY9 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 | 24.679 % | £14,807 | £74,807 |
| 3 Month Average | 5.797 % | £3,478 | £63,478 |
| 6 Month Average | 21.446 % | £12,867 | £72,867 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £109,962 | £109,000 | 5 GREEN LANE |
| 8 Feb 2023 | £124,916 | £125,000 | 112 CEMETERY ROAD |
| 28 Oct 2022 | £193,665 | £195,750 | 115 CEMETERY ROAD |
| 5 Apr 2022 | £114,308 | £111,000 | 6 ALBERT STREET |
| 21 Mar 2022 | £191,709 | £185,000 | 109 CEMETERY ROAD |
This house has a floor area of 50 sq meters or 547 sq feet when measured on 10 Aug 2009. Using an estimated price of £75,428 means this house is valued at £1,484 per sq meter (£137 per sq foot).
The average size of a house on CEMETERY ROAD is 168 sq meters (1,811 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Green Lane | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Spring Street |
| Dec 2023 | Anti-social behaviour | On or near Spring Street | |
| Dec 2023 | Anti-social behaviour | On or near Spring Street | |
| Dec 2023 | Anti-social behaviour | On or near Spring Street |