£158,433
This estimated value is based upon the latest sale price for the house of £125,000 on 14 Sep 2017. 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 | 14 Sep 2017 |
£110,500 | 28 Oct 2016 |
£86,000 | 3 Jun 2011 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 September 2017 the House Price Index for WEST MIDLANDS was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £125,000 results in an estimated price of approximately £158,433.
14 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 148.6 | 26.747 % | £125,000 | £33,433 | £158,433 |
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 | 22.860 % | £28,574 | £153,574 |
3 Month Average | 4.202 % | £5,252 | £130,252 |
6 Month Average | 21.583 % | £26,978 | £151,978 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £208,081 | £205,000 | 6 HIGH PARK ROAD |
10 Nov 2023 | £162,404 | £160,000 | 18 TEME ROAD |
22 Sep 2023 | £187,649 | £185,250 | 4 HUMBER GARDENS |
25 Jul 2023 | £146,978 | £145,000 | 118 TWO GATES |
22 Jun 2023 | £75,920 | £75,000 | 106 TWO GATES |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 8 Feb 2011. Using an estimated price of £158,433 means this house is valued at £2,263 per sq meter (£210 per sq foot).
The average size of a house on TWO GATES is 88 sq meters (954 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barnswood Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barnswood Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barnswood Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barnswood Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barnswood Close |