£148,298
This estimated value is based upon the latest sale price for the house of £89,950 on 4 Dec 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £89,950 | 4 Dec 2006 |
| £49,950 | 27 Sep 2002 |
| £34,500 | 5 May 2000 |
| Flats/Maisonettes |
| 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 December 2006 the House Price Index for WEST MIDLANDS was 89.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 64.867%.Applying this 64.867% change to the original purchase price of £89,950 results in an estimated price of approximately £148,298.
| 4 Dec 2006 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 148.0 | 64.867 % | £89,950 | £58,348 | £148,298 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | 70.925 % | £63,796 | £153,746 |
| 3 Month Average | 61.937 % | £55,711 | £145,661 |
| 6 Month Average | 40.687 % | £36,597 | £126,547 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £68,231 | £68,000 | 4 THE CARRIAGES LITTLE STATION STREET |
| 10 Nov 2023 | £53,689 | £53,000 | 18 CROWN LOFTS, 16 MARSH STREET |
| 1 Nov 2023 | £83,573 | £82,500 | 11 CROWN LOFTS, 16 MARSH STREET |
| 28 Jul 2023 | £70,668 | £70,000 | 34 THE CARRIAGES LITTLE STATION STREET |
| 9 Jun 2023 | £78,638 | £78,000 | FLAT 8 LITTLE STATION STREET |