£135,545
This estimated value is based upon the latest sale price for the house of £110,000 on 29 May 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£110,000 | 29 May 2020 |
Terraced |
Freehold |
Floor Area: 107 sq meters or 1,151 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 May 2020 the House Price Index for WEST MIDLANDS was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £110,000 results in an estimated price of approximately £135,545.
29 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 149.7 | 23.224 % | £110,000 | £25,545 | £135,545 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | 22.618 % | £24,879 | £134,879 |
3 Month Average | 24.192 % | £26,611 | £136,611 |
6 Month Average | 23.558 % | £25,913 | £135,913 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Sep 2023 | £52,661 | £51,500 | 28 LENNOX GARDENS |
10 Feb 2023 | £52,853 | £52,500 | 30 LENNOX GARDENS |
13 Jan 2022 | £116,622 | £110,000 | 53 KIMBERLEY STREET |
15 Dec 2021 | £103,614 | £96,000 | 45 KIMBERLEY STREET |
10 Dec 2021 | £161,896 | £150,000 | 98 OWEN ROAD |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 8 Jul 2014. Using an estimated price of £135,546 means this house is valued at £1,266 per sq meter (£117 per sq foot).
The average size of a house on OWEN ROAD is 102 sq meters (1,105 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Kimberley Street |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kimberley Street |
Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Kimberley Street |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kimberley Street |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kimberley Street |