£148,629
This estimated value is based upon the latest sale price for the house of £125,000 on 6 Mar 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £125,000 | 6 Mar 2020 |
| £83,000 | 18 Jul 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 2020 the House Price Index for WEST MIDLANDS was 123.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 18.904%.Applying this 18.904% change to the original purchase price of £125,000 results in an estimated price of approximately £148,629.
| 6 Mar 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 146.7 | 18.904 % | £125,000 | £23,629 | £148,629 |
The Postcode Pricing Model uses changes in average sales price within the DY8 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 | 75.034 % | £93,792 | £218,792 |
| 3 Month Average | 35.159 % | £43,948 | £168,948 |
| 6 Month Average | 22.684 % | £28,355 | £153,355 |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 9 Nov 2019.
There is one other house on the street which we know the size of, this is 3 DURHAM ROAD it is 71.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Durham Road |
| Feb 2024 | Anti-social behaviour | On or near Durham Road | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Durham Road |
| Feb 2024 | Anti-social behaviour | On or near Durham Road | |
| Jan 2024 | Anti-social behaviour | On or near Durham Road |