£256,327
This estimated value is based upon the latest sale price for the house of £209,000 on 27 Nov 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£209,000 | 27 Nov 2019 |
£150,000 | 23 Oct 2015 |
Semi-Detached |
Freehold |
Floor Area: 99 sq meters or 1,065 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 November 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £209,000 results in an estimated price of approximately £256,327.
27 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.645 % | £209,000 | £47,327 | £256,327 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 13.284 % | £27,764 | £236,764 |
3 Month Average | -4.202 % | £-8,782 | £200,217 |
6 Month Average | 16.339 % | £34,149 | £243,149 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Apr 2023 | £227,449 | £225,000 | 15 SPINNERS END DRIVE |
31 Mar 2023 | £164,550 | £163,000 | 33 HOLLY BUSH WALK |
28 Feb 2023 | £139,906 | £140,000 | 6 ST LUKES STREET |
12 Aug 2022 | £189,490 | £190,000 | 43 MEREDITH STREET |
18 Feb 2022 | £283,148 | £270,000 | 11 SPINNERS END DRIVE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 1 Dec 2014. Using an estimated price of £256,327 means this house is valued at £2,589 per sq meter (£240 per sq foot).
There is one other house on the street which we know the size of, this is 2 SCHOOL STREET it is 196.0
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Drugs | Unable to prosecute suspect | On or near St Lukes Street |
Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Meredith Street |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Spinners End Drive |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near New Town |
Mar 2024 | Other theft | Unable to prosecute suspect | On or near Newtown Lane |