£8,138,833
This estimated value is based upon the latest sale price for the house of £6,887,005 on 16 Oct 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£6,887,005 | 16 Oct 2020 |
Leasehold |
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 October 2020 the House Price Index for WEST MIDLANDS was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £6,887,005 results in an estimated price of approximately £8,138,833.
16 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 149.7 | 18.177 % | £6,887,005 | £1,251,828 | £8,138,833 |
The Postcode Pricing Model uses changes in average sales price within the B16 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 | -21.275 % | £-1,465,214 | £5,421,790 |
3 Month Average | -2.107 % | £-145,107 | £6,741,897 |
6 Month Average | 12.886 % | £887,444 | £7,774,449 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Oct 2020 | £8,138,834 | £6,887,005 | BLOCK C SHERBOURNE WHARF SHERBORNE STREET |
14 Sep 2020 | £11,005,973 | £9,201,004 | BLOCK B, ULTIMA SHERBORNE WHARF SHERBORNE STREET |
7 Aug 2020 | £7,477,432 | £6,190,224 | BLOCK A, ULTIMA SHERBORNE WHARF SHERBORNE STREET |
18 Jun 2020 | £201,297 | £165,000 | APARTMENT 98 LIBERTY PLACE, 26 - 38 SHEEPCOTE STREET |
8 Aug 2019 | £204,546 | £165,000 | APARTMENT 127 LIBERTY PLACE, 26 - 38 SHEEPCOTE STREET |
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Vehicle crime | Unable to prosecute suspect | On or near Park/Open Space |
Sep 2024 | Vehicle crime | Unable to prosecute suspect | On or near Park/Open Space |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park/Open Space |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Park/Open Space |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Park/Open Space |