£183,348
This estimated value is based upon the latest sale price for the house of £120,000 on 25 Jul 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Talbot Street
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| Price Paid | Date |
|---|---|
| £120,000 | 25 Jul 2014 |
| £89,950 | 30 May 2003 |
| £44,600 | 19 Jun 1997 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 July 2014 the House Price Index for WEST MIDLANDS was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £120,000 results in an estimated price of approximately £183,348.
| 25 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £120,000 | £63,348 | £183,348 |
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 | 56.988 % | £68,385 | £188,385 |
| 3 Month Average | 23.323 % | £27,987 | £147,987 |
| 6 Month Average | 47.100 % | £56,519 | £176,519 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £216,897 | £215,000 | 68 SPRING STREET |
| 21 Jul 2023 | £188,538 | £186,000 | 21 TALBOT STREET |
| 27 Apr 2023 | £176,905 | £175,000 | 8 TALBOT STREET |
| 21 Mar 2023 | £176,664 | £175,000 | 35 WINDMILL HILL |
| 27 Sep 2022 | £112,591 | £113,500 | 38 WINDMILL HILL |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 5 Dec 2013. Using an estimated price of £183,349 means this house is valued at £1,815 per sq meter (£168 per sq foot).
The average size of a house on TALBOT STREET is 99 sq meters (1,065 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Talbot Street |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Talbot Street |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Rossendale Close |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Rossendale Close |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Rossendale Close |