£264,150
This estimated value is based upon the latest sale price for the house of £143,675 on 25 Jul 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£143,675 | 25 Jul 2005 |
Terraced |
Freehold |
Floor Area: 98 sq meters or 1,054 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 2005 the House Price Index for WEST MIDLANDS was 80.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.853%.Applying this 83.853% change to the original purchase price of £143,675 results in an estimated price of approximately £264,150.
25 Jul 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.8 | 148.6 | 83.853 % | £143,675 | £120,475 | £264,150 |
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 | 48.257 % | £69,333 | £213,008 |
3 Month Average | 21.283 % | £30,578 | £174,253 |
6 Month Average | 72.797 % | £104,591 | £248,266 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £235,511 | £232,500 | 88 FRANCHISE STREET |
31 Jul 2023 | £121,637 | £120,000 | 1 BLENHEIM DRIVE |
17 Apr 2023 | £181,959 | £180,000 | 34 THE FURLONG |
31 Mar 2023 | £70,666 | £70,000 | 9 BLENHEIM DRIVE |
2 Mar 2023 | £141,332 | £140,000 | 11 RICHARD WATTIS DRIVE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 14 Apr 2017. Using an estimated price of £264,150 means this house is valued at £2,695 per sq meter (£250 per sq foot).
The average size of a house on FRANCHISE STREET is 86 sq meters (929 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blenheim Drive |
Mar 2024 | Vehicle crime | Under investigation | On or near Richard Wattis Drive |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Richard Wattis Drive |
Jan 2024 | Other crime | Unable to prosecute suspect | On or near Richard Wattis Drive |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Furlong |