£213,499
This estimated value is based upon the latest sale price for the house of £105,950 on 28 May 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£105,950 | 28 May 2004 |
Terraced |
Freehold |
Floor Area: 56 sq meters or 602 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 May 2004 the House Price Index for WEST MIDLANDS was 73.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 101.510%.Applying this 101.510% change to the original purchase price of £105,950 results in an estimated price of approximately £213,499.
28 May 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
73.7 | 148.6 | 101.510 % | £105,950 | £107,549 | £213,499 |
The Postcode Pricing Model uses changes in average sales price within the DY4 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 | 30.535 % | £32,352 | £138,302 |
3 Month Average | 27.795 % | £29,449 | £135,399 |
6 Month Average | 53.698 % | £56,893 | £162,843 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Nov 2023 | £106,578 | £105,000 | 18 MIDDLE MEADOW |
19 Sep 2023 | £88,426 | £87,295 | 25 MIDDLE MEADOW |
25 Aug 2023 | £302,648 | £300,000 | 15 GREAT MEADOW |
27 Jul 2022 | £100,270 | £100,000 | 36 MIDDLE MEADOW |
8 Apr 2022 | £88,563 | £86,000 | 57 MIDDLE MEADOW |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 15 Jan 2020. Using an estimated price of £213,500 means this house is valued at £3,812 per sq meter (£354 per sq foot).
The average size of a house on GREAT MEADOW is 89 sq meters (963 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Great Meadow |
Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Far High Drive |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Far High Drive |
Apr 2024 | Public order | Under investigation | On or near Potters Brook |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Potters Brook |