£163,213
This estimated value is based upon the latest sale price for the house of £53,000 on 15 Feb 2002. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£53,000 | 15 Feb 2002 |
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 February 2002 the House Price Index for WEST MIDLANDS was 48.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 207.949%.Applying this 207.949% change to the original purchase price of £53,000 results in an estimated price of approximately £163,213.
15 Feb 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
48.3 | 148.6 | 207.949 % | £53,000 | £110,213 | £163,213 |
The Postcode Pricing Model uses changes in average sales price within the WS1 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 | 202.176 % | £107,153 | £160,153 |
3 Month Average | 139.794 % | £74,090 | £127,090 |
6 Month Average | 214.712 % | £113,797 | £166,797 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £141,813 | £140,000 | 4 PATRIOT CLOSE |
28 Apr 2023 | £174,378 | £172,500 | 34 BRITANNIA ROAD |
3 Feb 2023 | £124,916 | £125,000 | 1 PATRIOT CLOSE |
20 Jan 2023 | £174,180 | £175,000 | 43 DUCHESS ROAD |
17 Oct 2022 | £173,729 | £175,600 | 34 GRAND JUNCTION WAY |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 23 Oct 2008. Using an estimated price of £163,213 means this house is valued at £2,914 per sq meter (£270 per sq foot).
The average size of a house on BRITANNIA ROAD is 64 sq meters (698 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Under investigation | On or near Britannia Road |
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Britannia Road |
Mar 2024 | Theft from the person | Unable to prosecute suspect | On or near Britannia Road |
Mar 2024 | Vehicle crime | Under investigation | On or near Britannia Road |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Britannia Road |