£169,110
This estimated value is based upon the latest sale price for the house of £127,000 on 1 Jul 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£127,000 | 1 Jul 2016 |
£128,000 | 26 Oct 2007 |
£42,000 | 6 Jun 1997 |
Semi-Detached |
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 July 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £127,000 results in an estimated price of approximately £169,110.
1 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.6 | 33.158 % | £127,000 | £42,110 | £169,110 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 93.383 % | £118,595 | £245,595 |
3 Month Average | 42.606 % | £54,109 | £181,109 |
6 Month Average | 44.992 % | £57,140 | £184,140 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Nov 2023 | £182,705 | £180,000 | 30 NORBURY ROAD |
27 Apr 2023 | £161,742 | £160,000 | 27 LAMBERT ROAD |
28 Mar 2022 | £310,879 | £300,000 | 18 LAMBERT ROAD |
28 Feb 2022 | £157,304 | £150,000 | 21 NORBURY ROAD |
26 Nov 2021 | £378,530 | £350,000 | 21 LAMBERT ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 19 May 2015. Using an estimated price of £169,110 means this house is valued at £1,818 per sq meter (£168 per sq foot).
The average size of a house on NORBURY ROAD is 84 sq meters (914 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norbury Road |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Norbury Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Burncross Way |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Park Lane |
Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Lambert Road |