£235,357
This estimated value is based upon the latest sale price for the house of £127,490 on 17 Jun 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £127,490 | 17 Jun 2005 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 June 2005 the House Price Index for WEST MIDLANDS was 80.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.608%.Applying this 84.608% change to the original purchase price of £127,490 results in an estimated price of approximately £235,357.
| 17 Jun 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 148.6 | 84.608 % | £127,490 | £107,867 | £235,357 |
The Postcode Pricing Model uses changes in average sales price within the CV1 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 | 383.231 % | £488,581 | £616,071 |
| 3 Month Average | 95.689 % | £121,994 | £249,484 |
| 6 Month Average | 70.256 % | £89,569 | £217,059 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2023 | £144,360 | £143,000 | 56 WRIGHT STREET |
| 18 Nov 2022 | £88,923 | £90,000 | 19 CAMBRIDGE STREET |
| 27 Aug 2021 | £141,683 | £127,000 | 90 WRIGHT STREET |
| 23 Jul 2021 | £149,404 | £130,000 | 61 CAMBRIDGE STREET |
| 5 Feb 2021 | £153,254 | £135,000 | 99 CAMBRIDGE STREET |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 26 Jun 2013. Using an estimated price of £235,357 means this house is valued at £3,017 per sq meter (£280 per sq foot).
The average size of a house on WRIGHT STREET is 85 sq meters (923 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wright Street |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wright Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wright Street |
| Feb 2024 | Anti-social behaviour | On or near Wright Street | |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Wright Street |