£162,309
This estimated value is based upon the latest sale price for the house of £140,000 on 20 Nov 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£140,000 | 20 Nov 2020 |
£105,000 | 18 Dec 2014 |
£119,000 | 6 Jul 2007 |
£111,500 | 5 Oct 2006 |
£49,950 | 14 Jul 2000 |
£38,500 | 18 Jul 1997 |
Terraced |
Freehold |
Floor Area: 53 sq meters or 570 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 November 2020 the House Price Index for WEST MIDLANDS was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £140,000 results in an estimated price of approximately £162,309.
20 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 148.6 | 15.935 % | £140,000 | £22,309 | £162,309 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 6.538 % | £9,153 | £149,153 |
3 Month Average | -6.361 % | £-8,905 | £131,094 |
6 Month Average | 6.990 % | £9,786 | £149,786 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £178,645 | £176,000 | 10 THE FORGE |
8 Sep 2023 | £224,875 | £222,000 | 12C MAYPOLE HILL |
8 Jul 2022 | £227,613 | £227,000 | 190 LYDE GREEN |
22 Apr 2022 | £123,576 | £120,000 | 2 BLAENWERN DRIVE |
1 Apr 2022 | £172,491 | £167,500 | 6 THE FORGE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 18 Aug 2014. Using an estimated price of £162,310 means this house is valued at £3,062 per sq meter (£284 per sq foot).
The average size of a house on THE FORGE is 57 sq meters (620 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Maypole Hill |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kestrel Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kestrel Road |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Blaenwern Drive |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blaenwern Drive |