£199,620
This estimated value is based upon the latest sale price for the house of £48,500 on 26 Nov 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£48,500 | 26 Nov 1999 |
£24,275 | 7 Apr 1999 |
Terraced |
Freehold |
Floor Area: 93 sq meters or 1,001 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 November 1999 the House Price Index for WEST MIDLANDS was 36.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 311.588%.Applying this 311.588% change to the original purchase price of £48,500 results in an estimated price of approximately £199,620.
26 Nov 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
36.4 | 149.7 | 311.588 % | £48,500 | £151,120 | £199,620 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 357.406 % | £173,342 | £221,842 |
3 Month Average | 287.849 % | £139,607 | £188,107 |
6 Month Average | 286.517 % | £138,960 | £187,460 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £259,989 | £252,000 | 6 FLOWERDALE CLOSE |
13 Oct 2023 | £260,926 | £255,000 | 7 FLOWERDALE CLOSE |
26 Sep 2023 | £268,928 | £263,000 | 21 PROVIDENCE ROW |
7 Apr 2022 | £201,779 | £194,500 | 4 PROVIDENCE ROW |
28 Jan 2022 | £249,147 | £235,000 | 54 IVYHOUSE LANE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 9 Nov 2014. Using an estimated price of £199,620 means this house is valued at £2,146 per sq meter (£199 per sq foot).
The average size of a house on IVYHOUSE LANE is 100 sq meters (1,077 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Under investigation | On or near Hampton Street |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Flowerdale Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Flowerdale Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Flowerdale Close |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Flowerdale Close |