£251,773
This estimated value is based upon the latest sale price for the house of £235,000 on 17 Dec 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£235,000 | 17 Dec 2021 |
£179,950 | 24 Jun 2016 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 December 2021 the House Price Index for WEST MIDLANDS was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £235,000 results in an estimated price of approximately £251,773.
17 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 148.6 | 7.138 % | £235,000 | £16,773 | £251,773 |
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 | -73.729 % | £-173,262 | £61,737 |
3 Month Average | -29.551 % | £-69,445 | £165,554 |
6 Month Average | -8.578 % | £-20,159 | £214,840 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Jul 2022 | £135,364 | £135,000 | 46 HIGGINS WALK |
24 Mar 2022 | £186,527 | £180,000 | 94 VICTORIA PARK ROAD |
21 Dec 2021 | £215,347 | £201,000 | 50 PRICE STREET |
17 Dec 2021 | £251,774 | £235,000 | 99 MESSENGER ROAD |
24 Sep 2021 | £91,595 | £85,000 | UNIT 54 THE BRIDGE TRADING ESTATE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 15 Jun 2016. Using an estimated price of £251,774 means this house is valued at £3,187 per sq meter (£296 per sq foot).
The average size of a house on MESSENGER ROAD is 87 sq meters (941 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Soho Way |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Higgins Walk |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Higgins Walk |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near George Ryder Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near George Ryder Road |