£233,257
This estimated value is based upon the latest sale price for the house of £167,500 on 6 Nov 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£167,500 | 6 Nov 2015 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 2015 the House Price Index for WEST MIDLANDS was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £167,500 results in an estimated price of approximately £233,257.
6 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 148.6 | 39.258 % | £167,500 | £65,757 | £233,257 |
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 | 5.197 % | £8,705 | £176,205 |
3 Month Average | 13.499 % | £22,610 | £190,110 |
6 Month Average | 29.400 % | £49,244 | £216,744 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £172,202 | £170,000 | 148 PRINCE OF WALES LANE |
25 Sep 2023 | £278,562 | £275,000 | 12 LOXLEY AVENUE |
19 Jun 2023 | £197,391 | £195,000 | 149 PRINCE OF WALES LANE |
28 Apr 2023 | £242,612 | £240,000 | 7 GRAFTON ROAD |
28 Mar 2023 | £230,168 | £228,000 | 38 LOXLEY AVENUE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 17 Feb 2015. Using an estimated price of £233,258 means this house is valued at £2,952 per sq meter (£274 per sq foot).
The average size of a house on PRINCE OF WALES LANE is 81 sq meters (882 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Prince Of Wales Lane |
Mar 2024 | Other crime | Investigation complete; no suspect identified | On or near Prince Of Wales Lane |
Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Prince Of Wales Lane |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Prince Of Wales Lane |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Prince Of Wales Lane |