£101,422
This estimated value is based upon the latest sale price for the house of £68,000 on 12 Dec 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£68,000 | 12 Dec 2014 |
£70,500 | 27 Feb 2006 |
£43,000 | 31 Jan 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 45 sq meters or 484 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 2014 the House Price Index for WEST MIDLANDS was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £68,000 results in an estimated price of approximately £101,422.
12 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.6 | 148.6 | 49.151 % | £68,000 | £33,422 | £101,422 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | 109.486 % | £74,450 | £142,450 |
3 Month Average | 26.275 % | £17,867 | £85,867 |
6 Month Average | 54.850 % | £37,298 | £105,298 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £94,204 | £93,000 | 23 RUSSELL CLOSE |
31 Mar 2023 | £191,802 | £189,995 | 37 WOLMER ROAD |
15 Mar 2023 | £232,188 | £230,000 | 1 FERGUSON STREET |
20 Feb 2023 | £224,849 | £225,000 | 13 FERGUSON STREET |
14 Apr 2022 | £151,895 | £147,500 | 4 RUSSELL CLOSE |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 19 Jun 2014. Using an estimated price of £101,423 means this house is valued at £2,253 per sq meter (£209 per sq foot).
The average size of a house on FERGUSON STREET is 76 sq meters (822 sq feet).
This house is the smallest in the street with a floor area of 45 sq meters (484 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Drugs | Unable to prosecute suspect | On or near Coppice Close |
Feb 2024 | Public order | Under investigation | On or near Coppice Close |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Coppice Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coppice Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coppice Close |