£240,399
This estimated value is based upon the latest sale price for the house of £140,000 on 21 Feb 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £140,000 | 21 Feb 2011 |
| £15,000 | 22 Dec 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,196 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 February 2011 the House Price Index for WEST MIDLANDS was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.714%.Applying this 71.714% change to the original purchase price of £140,000 results in an estimated price of approximately £240,399.
| 21 Feb 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 148.6 | 71.714 % | £140,000 | £100,399 | £240,399 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | 88.097 % | £123,335 | £263,335 |
| 3 Month Average | 46.070 % | £64,497 | £204,497 |
| 6 Month Average | 39.370 % | £55,117 | £195,117 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £106,578 | £105,000 | FLAT 13 BANTOCK COURT BROAD LANE |
| 16 Aug 2023 | £85,750 | £85,000 | 1A MINSTERLEY CLOSE |
| 14 Jul 2023 | £91,228 | £90,000 | 6 MINSTERLEY CLOSE |
| 9 Mar 2023 | £168,588 | £167,000 | 34 MAPLE ROAD |
| 13 May 2022 | £157,977 | £155,000 | 17 WENLOCK AVENUE |
This house has a floor area of 111 sq meters or 1,196 sq feet when measured on 3 Feb 2009. Using an estimated price of £240,400 means this house is valued at £2,163 per sq meter (£200 per sq foot).
The average size of a house on STAR STREET is 70 sq meters (759 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Star Street |
| Jan 2024 | Anti-social behaviour | On or near Star Street | |
| Jan 2024 | Anti-social behaviour | On or near Star Street | |
| Jan 2024 | Anti-social behaviour | On or near Star Street | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Star Street |