£110,742
This estimated value is based upon the latest sale price for the house of £38,000 on 16 May 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £38,000 | 16 May 2002 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2002 the House Price Index for WEST MIDLANDS was 51.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 191.428%.Applying this 191.428% change to the original purchase price of £38,000 results in an estimated price of approximately £110,742.
| 16 May 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 148.6 | 191.428 % | £38,000 | £72,742 | £110,742 |
The Postcode Pricing Model uses changes in average sales price within the WS10 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 | 267.293 % | £101,571 | £139,571 |
| 3 Month Average | 147.999 % | £56,239 | £94,239 |
| 6 Month Average | 253.088 % | £96,173 | £134,173 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £86,277 | £85,000 | 18 FORGE ROAD |
| 16 Aug 2023 | £108,449 | £107,500 | 35 HEATHFIELD LANE |
| 4 Aug 2023 | £196,721 | £195,000 | 18 WILEY AVENUE |
| 20 Jan 2023 | £177,663 | £178,500 | 11 HEATHFIELD LANE |
| 11 Apr 2022 | £123,061 | £119,500 | 70 WOLVERHAMPTON STREET |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 4 Apr 2016. Using an estimated price of £110,743 means this house is valued at £1,677 per sq meter (£155 per sq foot).
The average size of a house on HEWITT STREET is 76 sq meters (820 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hewitt Street |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Hewitt Street |
| Jan 2024 | Drugs | Awaiting court outcome | On or near Hewitt Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hewitt Street |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wiley Avenue |