£126,155
This estimated value is based upon the latest sale price for the house of £52,000 on 24 Mar 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£52,000 | 24 Mar 2003 |
Terraced |
Leasehold |
Floor Area: 52 sq meters or 564 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 March 2003 the House Price Index for WEST MIDLANDS was 61.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 142.606%.Applying this 142.606% change to the original purchase price of £52,000 results in an estimated price of approximately £126,155.
24 Mar 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
61.3 | 148.6 | 142.606 % | £52,000 | £74,155 | £126,155 |
The Postcode Pricing Model uses changes in average sales price within the B18 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 | 191.967 % | £99,823 | £151,823 |
3 Month Average | 96.875 % | £50,375 | £102,375 |
6 Month Average | 86.432 % | £44,944 | £96,944 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £150,636 | £148,000 | 80 PRESTON ROAD |
23 Jun 2023 | £146,778 | £145,000 | 17 SPRING GROVE GARDENS |
15 Aug 2022 | £109,705 | £110,000 | 11 WILLES ROAD |
9 May 2022 | £127,401 | £125,000 | 193 BACCHUS ROAD |
12 Apr 2022 | £147,261 | £143,000 | 41 TALBOT STREET |
This house has a floor area of 52 sq meters or 564 sq feet when measured on 8 Jan 2010. Using an estimated price of £126,155 means this house is valued at £2,407 per sq meter (£223 per sq foot).
The average size of a house on SPRING GROVE GARDENS is 54 sq meters (582 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Spring Grove Gardens |
Mar 2024 | Drugs | Under investigation | On or near Spring Grove Gardens |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spring Grove Gardens |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Spring Grove Gardens |
Dec 2023 | Public order | Unable to prosecute suspect | On or near Spring Grove Gardens |