£185,814
This estimated value is based upon the latest sale price for the house of £107,500 on 19 Aug 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£107,500 | 19 Aug 2011 |
£64,000 | 26 Jan 2001 |
Semi-Detached |
Freehold |
Floor Area: 70 sq meters or 756 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 August 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.850%.Applying this 72.850% change to the original purchase price of £107,500 results in an estimated price of approximately £185,814.
19 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.850 % | £107,500 | £78,314 | £185,814 |
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 | 54.312 % | £58,385 | £165,885 |
3 Month Average | 30.578 % | £32,870 | £140,370 |
6 Month Average | 46.155 % | £49,616 | £157,116 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £250,189 | £248,000 | 4 ASHBOURNE RIDGE |
18 Aug 2023 | £216,897 | £215,000 | 68 SPRING STREET |
16 Mar 2023 | £172,626 | £171,000 | 7 SPRING STREET |
24 Feb 2023 | £159,892 | £160,000 | 10 HIGHFIELD ROAD |
2 Aug 2022 | £219,409 | £220,000 | 69 SPRING STREET |
This house has a floor area of 70 sq meters or 756 sq feet when measured on 2 Jun 2009. Using an estimated price of £185,814 means this house is valued at £2,643 per sq meter (£245 per sq foot).
The average size of a house on FOREDRAFT STREET is 77 sq meters (833 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Rossendale Close |
Feb 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 |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Rossendale Close |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Rossendale Close |