£151,315
This estimated value is based upon the latest sale price for the house of £114,000 on 28 Nov 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £114,000 | 28 Nov 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 2016 the House Price Index for WEST MIDLANDS was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £114,000 results in an estimated price of approximately £151,315.
| 28 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £114,000 | £37,315 | £151,315 |
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 | 84.811 % | £96,684 | £210,684 |
| 3 Month Average | 56.456 % | £64,360 | £178,360 |
| 6 Month Average | 59.624 % | £67,970 | £181,970 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 May 2024 | £125,000 | £125,000 | 84 BECKETT STREET |
| 5 Apr 2024 | £165,437 | £164,000 | 28 ST CHADS ROAD |
| 15 Mar 2024 | £192,965 | £190,000 | 51 LONSDALE ROAD |
| 30 Oct 2023 | £207,718 | £203,000 | 33 VERNON ROAD |
| 5 Oct 2023 | £151,439 | £148,000 | 86 BECKETT STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 24 Aug 2016. Using an estimated price of £151,315 means this house is valued at £2,225 per sq meter (£206 per sq foot).
The average size of a house on LAVENDER GROVE is 87 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Possession of weapons | Under investigation | On or near Lavender Grove |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lavender Grove |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lavender Grove |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Lavender Grove |
| May 2024 | Criminal damage and arson | Under investigation | On or near Lavender Grove |