£111,095
This estimated value is based upon the latest sale price for the house of £88,000 on 5 Mar 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£88,000 | 5 Mar 2018 |
£96,000 | 28 Jan 2016 |
£109,575 | 27 Feb 2009 |
Flats/Maisonettes |
Leasehold |
Floor Area: 67 sq meters or 725 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 March 2018 the House Price Index for WEST MIDLANDS was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £88,000 results in an estimated price of approximately £111,095.
5 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 149.7 | 26.245 % | £88,000 | £23,095 | £111,095 |
The Postcode Pricing Model uses changes in average sales price within the WS1 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 | 152.239 % | £133,969 | £221,969 |
3 Month Average | 37.319 % | £32,840 | £120,840 |
6 Month Average | 32.215 % | £28,349 | £116,349 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £20,521 | £20,000 | PREMIER DINER QUEEN STREET TAVERN QUEEN STREET |
15 Nov 2023 | £256,511 | £250,000 | 100 PLECK ROAD |
31 Oct 2022 | £299,001 | £300,000 | Q A ELECTRICAL PRODUCTS LTD QUEEN STREET |
18 Aug 2022 | £2,310,805 | £2,300,000 | GALA SOCIAL CLUB JEROME RETAIL PARK |
3 Aug 2022 | £919,299 | £915,000 | 66 - 68 WEDNESBURY ROAD |
This house has a floor area of 67 sq meters or 725 sq feet when measured on 23 Oct 2008. Using an estimated price of £111,095 means this house is valued at £1,647 per sq meter (£153 per sq foot).
The average size of a house on WOODCUTTER CLOSE is 94 sq meters (1,013 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Woodcutter Close | |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodcutter Close |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodcutter Close |
Oct 2024 | Possession of weapons | Awaiting court outcome | On or near Dairy Close |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dairy Close |