£128,830
This estimated value is based upon the latest sale price for the house of £108,500 on 4 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 |
|---|---|
| £108,500 | 4 Sep 2020 |
| £75,000 | 6 May 2005 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 £108,500 results in an estimated price of approximately £128,830.
| 4 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £108,500 | £20,330 | £128,830 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | 153.469 % | £166,514 | £275,014 |
| 3 Month Average | -12.262 % | £-13,304 | £95,195 |
| 6 Month Average | 4.023 % | £4,364 | £112,864 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jan 2023 | £109,982 | £110,500 | 3 JESSEL ROAD |
| 20 Jul 2022 | £120,324 | £120,000 | 16 JESSEL ROAD |
| 28 Feb 2022 | £99,626 | £95,000 | 80 RALEIGH STREET |
| 22 Feb 2022 | £95,431 | £91,000 | 70 JESSEL ROAD |
| 14 Jan 2022 | £105,241 | £100,000 | 9 JESSEL ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 10 Mar 2020. Using an estimated price of £128,831 means this house is valued at £1,867 per sq meter (£173 per sq foot).
The average size of a house on CAIRNS STREET is 91 sq meters (990 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Cairns Street |
| Mar 2024 | Drugs | Under investigation | On or near Cairns Street |
| Feb 2024 | Anti-social behaviour | On or near Cairns Street | |
| Feb 2024 | Anti-social behaviour | On or near Cairns Street | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Cairns Street |