£114,220
This estimated value is based upon the latest sale price for the house of £72,500 on 7 Mar 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£72,500 | 7 Mar 2008 |
Terraced |
Freehold |
Floor Area: 87 sq meters or 936 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 March 2008 the House Price Index for WEST MIDLANDS was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.546%.Applying this 57.546% change to the original purchase price of £72,500 results in an estimated price of approximately £114,220.
7 Mar 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.3 | 148.6 | 57.546 % | £72,500 | £41,720 | £114,220 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | 25.433 % | £18,439 | £90,939 |
3 Month Average | 20.526 % | £14,881 | £87,381 |
6 Month Average | 27.359 % | £19,835 | £92,335 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £84,247 | £83,000 | 84 STEPHENSON AVENUE |
9 Jun 2023 | £197,391 | £195,000 | 7 HARVEY ROAD |
28 Apr 2023 | £161,742 | £160,000 | 40 FARADAY ROAD |
11 Aug 2022 | £151,093 | £151,500 | 164 STEPHENSON AVENUE |
22 Jul 2022 | £132,356 | £132,000 | 66 CAVENDISH ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 20 Jan 2016. Using an estimated price of £114,221 means this house is valued at £1,312 per sq meter (£121 per sq foot).
The average size of a house on EDISON ROAD is 89 sq meters (963 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arkwright Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arkwright Road |
Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Arkwright Road |
Mar 2024 | Anti-social behaviour | On or near Lister Road | |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lister Road |