£170,923
This estimated value is based upon the latest sale price for the house of £70,000 on 2 Jan 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £70,000 | 2 Jan 2003 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 January 2003 the House Price Index for WEST MIDLANDS was 60.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 144.176%.Applying this 144.176% change to the original purchase price of £70,000 results in an estimated price of approximately £170,923.
| 2 Jan 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.1 | 146.7 | 144.176 % | £70,000 | £100,923 | £170,923 |
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 | 191.650 % | £134,154 | £204,154 |
| 3 Month Average | 102.676 % | £71,873 | £141,873 |
| 6 Month Average | 200.336 % | £140,234 | £210,234 |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 20 Jun 2014.
The average size of a house on TERRACE STREET is 125 sq meters (1,350 sq feet).
This house is the smallest in the street with a floor area of 70 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Terrace Street | |
| Dec 2023 | Anti-social behaviour | On or near Terrace Street | |
| Dec 2023 | Anti-social behaviour | On or near Terrace Street | |
| Dec 2023 | Anti-social behaviour | On or near Terrace Street | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windmill Street |