£240,323
This estimated value is based upon the latest sale price for the house of £240,000 on 12 Dec 2022. 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 Spring Street
More crime details
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| Price Paid | Date |
|---|---|
| £240,000 | 12 Dec 2022 |
| £149,995 | 20 Apr 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 December 2022 the House Price Index for WEST MIDLANDS was 148.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.135%.Applying this 0.135% change to the original purchase price of £240,000 results in an estimated price of approximately £240,323.
| 12 Dec 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 148.6 | 0.135 % | £240,000 | £323 | £240,323 |
The Postcode Pricing Model uses changes in average sales price within the DY4 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 | -14.837 % | £-35,609 | £204,390 |
| 3 Month Average | -32.969 % | £-79,124 | £160,875 |
| 6 Month Average | -21.209 % | £-50,900 | £189,099 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £187,014 | £185,000 | 36 ROSEMARY ROAD |
| 31 Mar 2023 | £196,855 | £195,000 | 18 ROSEMARY ROAD |
| 17 Feb 2023 | £89,939 | £90,000 | 15 EDWARD FISHER DRIVE |
| 23 May 2022 | £186,514 | £183,000 | 86 ALEXANDRA ROAD |
| 1 Mar 2022 | £227,978 | £220,000 | 24 ROSEMARY ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 14 Nov 2014.
The average size of a house on ALEXANDRA ROAD is 89 sq meters (958 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Spring Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Spring Street |
| Mar 2024 | Burglary | Under investigation | On or near Spring Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Spring Street |
| Dec 2023 | Other crime | Unable to prosecute suspect | On or near Spring Street |