£93,172
This estimated value is based upon the latest sale price for the house of £55,000 on 6 Jul 2010. 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 Cannon Street
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| Price Paid | Date |
|---|---|
| £55,000 | 6 Jul 2010 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 July 2010 the House Price Index for WEST MIDLANDS was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.405%.Applying this 69.405% change to the original purchase price of £55,000 results in an estimated price of approximately £93,172.
| 6 Jul 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.405 % | £55,000 | £38,172 | £93,172 |
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 | 54.703 % | £30,086 | £85,086 |
| 3 Month Average | 36.341 % | £19,987 | £74,987 |
| 6 Month Average | 45.702 % | £25,136 | £80,136 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Feb 2023 | £149,899 | £150,000 | 30 NORTH STREET |
| 18 Feb 2022 | £73,409 | £70,000 | 27 CANNON STREET |
| 8 Oct 2021 | £575,369 | £520,000 | 74 MILL STREET |
| 30 Jun 2021 | £64,375 | £60,000 | 59 BREWER STREET |
| 17 Nov 2020 | £139,122 | £120,000 | 52 MILL STREET |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 9 Oct 2014. Using an estimated price of £93,173 means this house is valued at £1,242 per sq meter (£115 per sq foot).
The average size of a house on PROFFITT STREET is 98 sq meters (1,055 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Cannon Street |
| Mar 2024 | Burglary | Under investigation | On or near Cannon Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cannon Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cannon Street |
| Jan 2024 | Anti-social behaviour | On or near Cannon Street |