£72,603
This estimated value is based upon the latest sale price for the house of £59,000 on 16 Aug 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £59,000 | 16 Aug 2019 |
| £47,000 | 2 Dec 2008 |
| £40,500 | 11 Jul 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 38 sq meters or 409 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 August 2019 the House Price Index for WEST MIDLANDS was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £59,000 results in an estimated price of approximately £72,603.
| 16 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £59,000 | £13,603 | £72,603 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | -13.058 % | £-7,704 | £51,295 |
| 3 Month Average | 16.547 % | £9,762 | £68,762 |
| 6 Month Average | 24.128 % | £14,235 | £73,235 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £90,000 | £90,000 | 37 WESLEY STREET |
| 28 Sep 2023 | £65,842 | £65,000 | 7 MAPLE COURT ROSE STREET |
| 21 Jul 2023 | £217,933 | £215,000 | 23 OLIVER CRESCENT |
| 16 Mar 2023 | £157,988 | £156,500 | 42 BRIERLEY LANE |
| 8 Jul 2022 | £239,043 | £238,400 | 43 OLIVER CRESCENT |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 5 Feb 2019. Using an estimated price of £72,603 means this house is valued at £1,910 per sq meter (£177 per sq foot).
The average size of a house on ROSE STREET is 69 sq meters (749 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Rose Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wesley Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Peter Avenue |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cross Street |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cross Street |