£113,660
This estimated value is based upon the latest sale price for the house of £108,000 on 28 Jan 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Nelson Street
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Price Paid | Date |
---|---|
£108,000 | 28 Jan 2022 |
£56,000 | 28 Nov 2012 |
Flats/Maisonettes |
Leasehold |
Floor Area: 70 sq meters or 753 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 January 2022 the House Price Index for WEST MIDLANDS was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £108,000 results in an estimated price of approximately £113,660.
28 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.2 | 148.6 | 5.241 % | £108,000 | £5,660 | £113,660 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 28.349 % | £30,616 | £138,616 |
3 Month Average | 13.904 % | £15,016 | £123,016 |
6 Month Average | 8.177 % | £8,831 | £116,831 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Nov 2023 | £98,458 | £97,000 | 15 VICTORIA STREET |
31 Aug 2023 | £151,324 | £150,000 | 44 BLOXWICH ROAD SOUTH |
30 Jun 2023 | £161,962 | £160,000 | 36 VICTORIA STREET |
23 Jun 2023 | £177,146 | £175,000 | 97 VICTORIA STREET |
30 Nov 2022 | £118,564 | £120,000 | 126 VICTORIA STREET |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 30 Jun 2021. Using an estimated price of £113,660 means this house is valued at £1,623 per sq meter (£150 per sq foot).
The average size of a house on BLOXWICH ROAD SOUTH is 82 sq meters (886 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Under investigation | On or near Nelson Street |
Mar 2024 | Anti-social behaviour | On or near Nelson Street | |
Mar 2024 | Anti-social behaviour | On or near Nelson Street | |
Mar 2024 | Burglary | Offender given a caution | On or near Nelson Street |
Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Nelson Street |