£147,211
This estimated value is based upon the latest sale price for the house of £120,000 on 4 Dec 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £120,000 | 4 Dec 2019 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £120,000 results in an estimated price of approximately £147,211.
| 4 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £120,000 | £27,211 | £147,211 |
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 | 72.688 % | £87,225 | £207,225 |
| 3 Month Average | 6.369 % | £7,642 | £127,642 |
| 6 Month Average | 31.738 % | £38,085 | £158,085 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £198,473 | £195,000 | 23 FRIAR PARK ROAD |
| 16 Nov 2023 | £196,915 | £194,000 | 116 BASSETT ROAD |
| 25 Aug 2023 | £217,906 | £216,000 | 3 CARRINGTON ROAD |
| 18 Aug 2023 | £161,412 | £160,000 | 1 CARRINGTON ROAD |
| 6 Apr 2023 | £171,850 | £170,000 | 51 MANOR ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 15 Oct 2019. Using an estimated price of £147,212 means this house is valued at £2,044 per sq meter (£189 per sq foot).
The average size of a house on BASSETT ROAD is 78 sq meters (849 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Bassett Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bassett Road |
| Mar 2024 | Other crime | Under investigation | On or near Bassett Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bassett Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Bassett Road |