£129,397
This estimated value is based upon the latest sale price for the house of £71,000 on 25 Oct 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £71,000 | 25 Oct 2005 |
| £55,000 | 22 Apr 2003 |
| Terraced |
| 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 October 2005 the House Price Index for WEST MIDLANDS was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.250%.Applying this 82.250% change to the original purchase price of £71,000 results in an estimated price of approximately £129,397.
| 25 Oct 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.6 | 82.250 % | £71,000 | £58,397 | £129,397 |
The Postcode Pricing Model uses changes in average sales price within the CV6 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 | 44.152 % | £31,348 | £102,348 |
| 3 Month Average | 64.481 % | £45,781 | £116,781 |
| 6 Month Average | 69.294 % | £49,198 | £120,198 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £162,404 | £160,000 | 77 BROAD STREET |
| 21 Aug 2023 | £105,927 | £105,000 | 55 WEBSTER STREET |
| 27 Mar 2023 | £161,522 | £160,000 | 14 HOLMSDALE ROAD |
| 9 Jan 2023 | £79,625 | £80,000 | 98 HOLMSDALE ROAD |
| 25 Mar 2022 | £131,087 | £126,500 | 63 WEBSTER STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 17 Mar 2016. Using an estimated price of £129,398 means this house is valued at £1,875 per sq meter (£174 per sq foot).
The average size of a house on WEBSTER STREET is 86 sq meters (928 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Webster Street |
| Mar 2024 | Vehicle crime | Under investigation | On or near Webster Street |
| Mar 2024 | Possession of weapons | Under investigation | On or near Webster Street |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Webster Street |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Webster Street |