£466,861
This estimated value is based upon the latest sale price for the house of £100,000 on 5 Nov 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £100,000 | 5 Nov 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 598 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 November 1998 the House Price Index for WEST MIDLANDS was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.861%.Applying this 366.861% change to the original purchase price of £100,000 results in an estimated price of approximately £466,861.
| 5 Nov 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 149.7 | 366.861 % | £100,000 | £366,861 | £466,861 |
The Postcode Pricing Model uses changes in average sales price within the B1 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 | 195.238 % | £195,237 | £295,237 |
| 3 Month Average | 83.980 % | £83,979 | £183,979 |
| 6 Month Average | 100.317 % | £100,317 | £200,317 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £131,334 | £128,000 | FLAT 23 CRESCENT TOWER BRINDLEY DRIVE |
| 10 Oct 2023 | £95,673 | £93,500 | FLAT 14 CRESCENT TOWER BRINDLEY DRIVE |
| 23 Aug 2023 | £81,469 | £80,000 | FLAT 2 LESLIE BENTLEY HOUSE, 66 PARADE |
| 21 Mar 2023 | £137,293 | £135,000 | FLAT 14 RICHARD LIGHTON HOUSE, 67 PARADE |
| 17 Feb 2023 | £133,894 | £133,000 | FLAT 502 10 SCOTLAND STREET |
This house has a floor area of 55 sq meters or 598 sq feet when measured on 28 Oct 2009. Using an estimated price of £466,861 means this house is valued at £8,398 per sq meter (£780 per sq foot).
The average size of a house on SCOTLAND STREET is 65 sq meters (701 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Helena Street |
| Sep 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Parade |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Parade |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Parade |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parade |