£129,387
This estimated value is based upon the latest sale price for the house of £105,000 on 9 Nov 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £105,000 | 9 Nov 2018 |
| £82,000 | 10 Jul 2015 |
| £82,000 | 17 Sep 2004 |
| £37,000 | 4 Dec 1998 |
| £35,000 | 7 Apr 1997 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 November 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £105,000 results in an estimated price of approximately £129,387.
| 9 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £105,000 | £24,387 | £129,387 |
The Postcode Pricing Model uses changes in average sales price within the DY4 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 | 18.414 % | £19,334 | £124,334 |
| 3 Month Average | -4.426 % | £-4,646 | £100,353 |
| 6 Month Average | 11.043 % | £11,595 | £116,595 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jan 2023 | £169,203 | £170,000 | 11 CHATWINS WHARF |
| 1 Sep 2022 | £225,678 | £227,500 | 22A NEW CROSS STREET |
| 11 Aug 2022 | £190,487 | £191,000 | 15 GRIFFITHS STREET |
| 14 Mar 2022 | £103,626 | £100,000 | 8 NEW CROSS STREET |
| 11 Feb 2022 | £152,061 | £145,000 | 33 CHATWINS WHARF |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 18 Jan 2018. Using an estimated price of £129,388 means this house is valued at £1,822 per sq meter (£169 per sq foot).
The average size of a house on NEW STREET is 88 sq meters (952 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Waterloo Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waterloo Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Griffiths Street |
| Mar 2024 | Vehicle crime | Under investigation | On or near Union Street |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Union Street |