£389,531
This estimated value is based upon the latest sale price for the house of £310,000 on 4 May 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £310,000 | 4 May 2018 |
| £234,000 | 1 Nov 2013 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,265 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 2018 the House Price Index for WEST MIDLANDS was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £310,000 results in an estimated price of approximately £389,531.
| 4 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £310,000 | £79,531 | £389,531 |
The Postcode Pricing Model uses changes in average sales price within the WS1 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 | 14.906 % | £46,208 | £356,208 |
| 3 Month Average | 34.200 % | £106,021 | £416,021 |
| 6 Month Average | 12.547 % | £38,897 | £348,897 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £466,851 | £455,000 | 278 BROADWAY NORTH |
| 3 Nov 2023 | £359,116 | £350,000 | 104 THE CRESCENT |
| 27 Mar 2023 | £203,396 | £199,999 | 137 BROADWAY NORTH |
| 19 Oct 2022 | £513,286 | £515,000 | 3 GILLITY AVENUE |
| 15 Aug 2022 | £316,480 | £315,000 | 183 BROADWAY NORTH |
This house has a floor area of 117 sq meters or 1,265 sq feet when measured on 31 Oct 2011. Using an estimated price of £389,531 means this house is valued at £3,313 per sq meter (£307 per sq foot).
The average size of a house on THE CRESCENT is 130 sq meters (1,399 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Shoplifting | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Jun 2024 | Shoplifting | Unable to prosecute suspect | On or near Sports/Recreation Area |
| May 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| May 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| May 2024 | Anti-social behaviour | On or near Sports/Recreation Area |