£241,281
This estimated value is based upon the latest sale price for the house of £149,950 on 7 Jan 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£149,950 | 7 Jan 2014 |
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 January 2014 the House Price Index for WEST MIDLANDS was 93.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.908%.Applying this 60.908% change to the original purchase price of £149,950 results in an estimated price of approximately £241,281.
7 Jan 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.0 | 149.7 | 60.908 % | £149,950 | £91,331 | £241,281 |
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 | 100.384 % | £150,526 | £300,476 |
3 Month Average | 71.122 % | £106,647 | £256,597 |
6 Month Average | 57.399 % | £86,070 | £236,020 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £509,184 | £500,000 | 9 THE LAURELS |
8 Mar 2023 | £119,496 | £117,500 | FLAT 5 81 JASMIN CROFT |
17 Aug 2022 | £277,045 | £275,750 | 140A BROAD LANE |
24 Jun 2022 | £236,046 | £231,000 | 4 BROOM DRIVE |
17 Dec 2021 | £275,493 | £255,250 | 144 BROAD LANE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 23 Oct 2013. Using an estimated price of £241,281 means this house is valued at £2,594 per sq meter (£241 per sq foot).
The average size of a house on JASMIN CROFT is 90 sq meters (970 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jasmin Croft |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Broad Lane |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chanston Avenue |
May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Chanston Avenue |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lavender Close |