£261,314
This estimated value is based upon the latest sale price for the house of £164,676 on 15 Apr 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£164,676 | 15 Apr 2008 |
Flats/Maisonettes |
Leasehold |
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 April 2008 the House Price Index for WEST MIDLANDS was 93.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.684%.Applying this 58.684% change to the original purchase price of £164,676 results in an estimated price of approximately £261,314.
15 Apr 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.6 | 148.6 | 58.684 % | £164,676 | £96,638 | £261,314 |
The Postcode Pricing Model uses changes in average sales price within the B5 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 | -49.634 % | £-81,734 | £82,941 |
3 Month Average | -9.168 % | £-15,097 | £149,578 |
6 Month Average | 10.076 % | £16,592 | £181,268 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Sep 2023 | £141,813 | £140,000 | APARTMENT 22 THE ARCADIAN, 70 HURST STREET |
14 Sep 2023 | £133,710 | £132,000 | APARTMENT 69 THE ARCADIAN, 70 HURST STREET |
25 Aug 2023 | £151,324 | £150,000 | APARTMENT 12 THE ARCADIAN, 70 HURST STREET |
12 Jul 2023 | £157,115 | £155,000 | APARTMENT 75 THE ARCADIAN, 70 HURST STREET |
8 Jul 2022 | £132,858 | £132,500 | APARTMENT 72 THE ARCADIAN, 70 HURST STREET |