£95,925
This estimated value is based upon the latest sale price for the house of £80,000 on 25 Aug 2020. 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 | 25 Aug 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 37 sq meters or 398 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 August 2020 the House Price Index for WEST MIDLANDS was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £80,000 results in an estimated price of approximately £95,925.
| 25 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £80,000 | £15,925 | £95,925 |
The Postcode Pricing Model uses changes in average sales price within the WS1 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 | -22.895 % | £-18,316 | £61,683 |
| 3 Month Average | 5.729 % | £4,583 | £84,583 |
| 6 Month Average | 39.509 % | £31,606 | £111,606 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2022 | £85,229 | £85,000 | FLAT 141 TAMEWAY PLAZA, 48 BRIDGE STREET |
| 6 Apr 2022 | £82,384 | £80,000 | FLAT 89 TAMEWAY PLAZA, 48 BRIDGE STREET |
| 10 Feb 2022 | £83,896 | £80,000 | FLAT 18 TAMEWAY PLAZA, 48 BRIDGE STREET |
| 21 Dec 2021 | £107,138 | £100,000 | GROUND FLOOR PREMISES TAMEWAY TOWER BRIDGE STREET |
| 18 Dec 2020 | £114,766 | £99,995 | FLAT 12 TAMEWAY PLAZA, 48 BRIDGE STREET |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 21 Jun 2019. Using an estimated price of £95,925 means this house is valued at £2,592 per sq meter (£240 per sq foot).
The average size of a house on BRIDGE STREET is 49 sq meters (537 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Goodall Street | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Goodall Street |
| Mar 2024 | Anti-social behaviour | On or near Goodall Street | |
| Feb 2024 | Drugs | Investigation complete; no suspect identified | On or near Goodall Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Goodall Street |