£146,641
This estimated value is based upon the latest sale price for the house of £123,500 on 1 Sep 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £123,500 | 1 Sep 2020 |
| £82,000 | 3 Aug 2015 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2020 the House Price Index for WEST MIDLANDS was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £123,500 results in an estimated price of approximately £146,641.
| 1 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £123,500 | £23,141 | £146,641 |
The Postcode Pricing Model uses changes in average sales price within the B66 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 | 33.840 % | £41,792 | £165,292 |
| 3 Month Average | 16.494 % | £20,370 | £143,870 |
| 6 Month Average | 0.585 % | £722 | £124,222 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £226,986 | £225,000 | 79 WOODLANDS STREET |
| 21 Apr 2023 | £171,850 | £170,000 | 58 UNETT STREET |
| 8 Feb 2023 | £139,906 | £140,000 | 65 WOODLANDS STREET |
| 8 Feb 2023 | £149,899 | £150,000 | 68 WOODLANDS STREET |
| 22 Aug 2022 | £189,490 | £190,000 | 12 UNETT STREET |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 30 Apr 2015. Using an estimated price of £146,642 means this house is valued at £2,008 per sq meter (£186 per sq foot).
The average size of a house on WOODLANDS STREET is 81 sq meters (881 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Woodlands Street |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Woodlands Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Matthews Road |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near St Matthews Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Matthews Road |