£140,655
This estimated value is based upon the latest sale price for the house of £113,500 on 11 Jul 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £113,500 | 11 Jul 2018 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 July 2018 the House Price Index for WEST MIDLANDS was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £113,500 results in an estimated price of approximately £140,655.
| 11 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £113,500 | £27,155 | £140,655 |
The Postcode Pricing Model uses changes in average sales price within the WS10 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 | 21.770 % | £24,709 | £138,209 |
| 3 Month Average | 0.035 % | £39 | £113,539 |
| 6 Month Average | 42.079 % | £47,759 | £161,259 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £198,473 | £195,000 | 23 FRIAR PARK ROAD |
| 16 Nov 2023 | £196,915 | £194,000 | 116 BASSETT ROAD |
| 25 Aug 2023 | £156,368 | £155,000 | 14 BASSETT ROAD |
| 11 Jul 2023 | £567,640 | £560,000 | 34 BASSETT CRESCENT |
| 28 Apr 2023 | £101,088 | £100,000 | 29 FREEMAN ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 14 Dec 2017. Using an estimated price of £140,655 means this house is valued at £2,163 per sq meter (£201 per sq foot).
The average size of a house on BASSETT ROAD is 78 sq meters (849 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Freeman Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Freeman Road |
| Dec 2023 | Other theft | Under investigation | On or near Freeman Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Freeman Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Freeman Road |