£189,481
This estimated value is based upon the latest sale price for the house of £80,000 on 16 May 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £80,000 | 16 May 2003 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 May 2003 the House Price Index for WEST MIDLANDS was 62.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 136.852%.Applying this 136.852% change to the original purchase price of £80,000 results in an estimated price of approximately £189,481.
| 16 May 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 148.6 | 136.852 % | £80,000 | £109,481 | £189,481 |
The Postcode Pricing Model uses changes in average sales price within the DY6 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 | -4.609 % | £-3,687 | £76,312 |
| 3 Month Average | 79.025 % | £63,219 | £143,219 |
| 6 Month Average | 96.480 % | £77,184 | £157,184 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £121,554 | £120,000 | 61 OAK STREET |
| 1 Sep 2023 | £227,914 | £225,000 | DORLEA PARK STREET |
| 4 Aug 2023 | £257,251 | £255,000 | 31D BROAD STREET |
| 21 Apr 2023 | £187,014 | £185,000 | 75 OAK STREET |
| 14 Mar 2023 | £156,474 | £155,000 | 13 CROSS STREET |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 7 May 2021. Using an estimated price of £189,481 means this house is valued at £2,460 per sq meter (£228 per sq foot).
The average size of a house on BROAD STREET is 99 sq meters (1,075 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Oak Street |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oak Street |
| Jan 2024 | Public order | Offender given a caution | On or near Summercourt Square |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Summercourt Square |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Summercourt Square |