£95,083
This estimated value is based upon the latest sale price for the house of £55,500 on 21 Apr 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£55,500 | 21 Apr 2011 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 519 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 April 2011 the House Price Index for WEST MIDLANDS was 86.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.321%.Applying this 71.321% change to the original purchase price of £55,500 results in an estimated price of approximately £95,083.
21 Apr 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.7 | 148.6 | 71.321 % | £55,500 | £39,583 | £95,083 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | 15.392 % | £8,542 | £64,042 |
3 Month Average | 50.946 % | £28,274 | £83,774 |
6 Month Average | 60.202 % | £33,412 | £88,912 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jul 2023 | £86,160 | £85,000 | 8 SUNNYDALE WALK |
19 Apr 2023 | £141,524 | £140,000 | 14 RALEIGH STREET |
31 Mar 2023 | £151,427 | £150,000 | 38 LAW STREET |
20 Apr 2022 | £66,937 | £65,000 | 19 SUNNYDALE WALK |
31 Jan 2022 | £194,695 | £185,000 | 7 LAW STREET |
This house has a floor area of 48 sq meters or 519 sq feet when measured on 8 Jul 2009. Using an estimated price of £95,083 means this house is valued at £1,971 per sq meter (£183 per sq foot).
There is one other house on the street which we know the size of, this is 8 SUNNYDALE WALK it is 49.0
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Under investigation | On or near Wellington Street |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Raleigh Street |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Raleigh Street |
Jan 2024 | Robbery | Unable to prosecute suspect | On or near Raleigh Street |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A41 |