£193,677
This estimated value is based upon the latest sale price for the house of £88,950 on 9 Dec 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£88,950 | 9 Dec 2003 |
£31,000 | 6 Nov 1998 |
Flats/Maisonettes |
Leasehold |
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 2003 the House Price Index for WEST MIDLANDS was 68.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 117.737%.Applying this 117.737% change to the original purchase price of £88,950 results in an estimated price of approximately £193,677.
9 Dec 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
68.2 | 148.6 | 117.737 % | £88,950 | £104,727 | £193,677 |
The Postcode Pricing Model uses changes in average sales price within the B1 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 | 79.299 % | £70,536 | £159,486 |
3 Month Average | 26.903 % | £23,929 | £112,879 |
6 Month Average | 9.677 % | £8,607 | £97,557 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Sep 2023 | £258,303 | £255,000 | FLAT 18 QUBE, 70 EDWARD STREET |
13 Jun 2023 | £546,621 | £540,000 | THE FLAPPER LTD KINGSTON ROW |
27 May 2022 | £107,016 | £105,000 | FLAT 22 GALTON TOWER CIVIC CLOSE |
29 Apr 2022 | £200,811 | £195,000 | FLAT 33 QUBE, 71 EDWARD STREET |
16 Mar 2022 | £134,714 | £130,000 | FLAT 16 GALTON TOWER CIVIC CLOSE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 18 Jun 2019. Using an estimated price of £193,677 means this house is valued at £2,451 per sq meter (£227 per sq foot).
The average size of a house on CIVIC CLOSE is 74 sq meters (798 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Civic Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Civic Close |
Mar 2024 | Anti-social behaviour | On or near Civic Close | |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Civic Close |
Feb 2024 | Anti-social behaviour | On or near Civic Close |