£201,575
This estimated value is based upon the latest sale price for the house of £149,000 on 23 May 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £149,000 | 23 May 2016 |
| £113,000 | 15 Jul 2011 |
| £52,000 | 24 Nov 2000 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 793 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 May 2016 the House Price Index for WEST MIDLANDS was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £149,000 results in an estimated price of approximately £201,575.
| 23 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £149,000 | £52,575 | £201,575 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | 92.090 % | £137,213 | £286,213 |
| 3 Month Average | 74.954 % | £111,681 | £260,681 |
| 6 Month Average | 38.896 % | £57,954 | £206,954 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jul 2022 | £227,277 | £225,000 | 126 DAISY FARM ROAD |
| 31 May 2022 | £246,420 | £240,000 | 72 GORLESTON ROAD |
| 26 May 2022 | £177,114 | £172,500 | 25 GORLESTON GROVE |
| 24 Nov 2021 | £207,009 | £190,000 | 22 LANGSTONE ROAD |
| 22 Oct 2021 | £218,475 | £196,000 | 71 LANGSTONE ROAD |
This house has a floor area of 73 sq meters or 793 sq feet when measured on 15 Jan 2011. Using an estimated price of £201,576 means this house is valued at £2,733 per sq meter (£253 per sq foot).
The average size of a house on LANGSTONE ROAD is 83 sq meters (894 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Gorleston Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gorleston Road |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gorleston Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gorleston Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gorleston Road |