£184,778
This estimated value is based upon the latest sale price for the house of £109,000 on 25 Jan 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£109,000 | 25 Jan 2013 |
Terraced |
Freehold |
Floor Area: 57 sq meters or 613 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 January 2013 the House Price Index for WEST MIDLANDS was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.521%.Applying this 69.521% change to the original purchase price of £109,000 results in an estimated price of approximately £184,778.
25 Jan 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 148.6 | 69.521 % | £109,000 | £75,778 | £184,778 |
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 | -10.224 % | £-11,144 | £97,855 |
3 Month Average | 57.039 % | £62,172 | £171,172 |
6 Month Average | 46.364 % | £50,536 | £159,536 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jul 2023 | £172,319 | £170,000 | 15 NEW ROAD |
1 Mar 2023 | £137,293 | £136,000 | 25B UNION STREET |
6 Jan 2023 | £312,030 | £313,500 | 9 HANBURY HILL |
25 Jan 2022 | £399,915 | £380,000 | 15 HANBURY HILL |
19 Nov 2021 | £110,855 | £102,500 | 4 DANFORD CLOSE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 1 Nov 2011. Using an estimated price of £184,778 means this house is valued at £3,241 per sq meter (£301 per sq foot).
The average size of a house on PROSPECT GARDENS is 64 sq meters (696 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Prospect Gardens |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Prospect Gardens |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Prospect Gardens |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Prospect Gardens |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Prospect Gardens |