£61,348
This estimated value is based upon the latest sale price for the house of £50,000 on 30 Sep 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Talbot Street
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| Price Paid | Date |
|---|---|
| £50,000 | 30 Sep 2019 |
| £22,000 | 2 May 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £50,000 results in an estimated price of approximately £61,348.
| 30 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £50,000 | £11,348 | £61,348 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 19.476 % | £9,738 | £59,738 |
| 3 Month Average | -3.928 % | £-1,963 | £48,036 |
| 6 Month Average | 11.656 % | £5,827 | £55,827 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £80,706 | £80,000 | 93 WINDMILL HILL |
| 21 Jul 2023 | £188,538 | £186,000 | 21 TALBOT STREET |
| 27 Apr 2023 | £176,905 | £175,000 | 8 TALBOT STREET |
| 15 Nov 2022 | £207,487 | £210,000 | 16 MAPPS CLOSE |
| 15 Jul 2022 | £200,540 | £200,000 | 43 TALBOT STREET |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 12 Sep 2013. Using an estimated price of £61,348 means this house is valued at £1,157 per sq meter (£107 per sq foot).
The average size of a house on FURLONG LANE is 84 sq meters (907 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Talbot Street |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Talbot Street |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mapps Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Mapps Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |