£107,147
This estimated value is based upon the latest sale price for the house of £105,000 on 8 Jun 2023. 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 Brett Street
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Price Paid | Date |
---|---|
£105,000 | 8 Jun 2023 |
£85,000 | 15 Dec 2009 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 606 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 June 2023 the House Price Index for WEST MIDLANDS was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £105,000 results in an estimated price of approximately £107,147.
8 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 149.7 | 2.045 % | £105,000 | £2,147 | £107,147 |
The Postcode Pricing Model uses changes in average sales price within the B70 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 | 25.985 % | £27,284 | £132,284 |
3 Month Average | 3.551 % | £3,728 | £108,728 |
6 Month Average | 2.801 % | £2,940 | £107,940 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Oct 2023 | £214,880 | £210,000 | 44 BILHAY LANE |
8 Jun 2023 | £107,147 | £105,000 | FLAT 6 POETS COURT OLD MEETING STREET |
27 Feb 2023 | £208,392 | £207,000 | 11 BRETT STREET |
15 Feb 2023 | £172,150 | £171,000 | 142 OLD MEETING STREET |
26 Aug 2022 | £95,446 | £95,000 | FLAT 17 POETS COURT OLD MEETING STREET |
This house has a floor area of 56 sq meters or 606 sq feet when measured on 23 Oct 2009. Using an estimated price of £107,147 means this house is valued at £1,900 per sq meter (£176 per sq foot).
The average size of a house on OLD MEETING STREET is 71 sq meters (765 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Brett Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Brett Street |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brett Street |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brett Street |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brett Street |