£90,511
This estimated value is based upon the latest sale price for the house of £53,000 on 4 Jan 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £53,000 | 4 Jan 2013 |
| Terraced |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 2013 the House Price Index for WEST MIDLANDS was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.776%.Applying this 70.776% change to the original purchase price of £53,000 results in an estimated price of approximately £90,511.
| 4 Jan 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.776 % | £53,000 | £37,511 | £90,511 |
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 | 123.080 % | £65,232 | £118,232 |
| 3 Month Average | 84.873 % | £44,982 | £97,982 |
| 6 Month Average | 67.567 % | £35,810 | £88,810 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £173,832 | £170,000 | 148 PRINCE OF WALES LANE |
| 28 Apr 2023 | £244,575 | £240,000 | 7 GRAFTON ROAD |
| 27 Mar 2023 | £203,397 | £200,000 | 242 PRINCE OF WALES LANE |
| 24 Feb 2023 | £176,177 | £175,000 | 3 GRAFTON ROAD |
| 14 Oct 2022 | £220,264 | £221,000 | 179 PRINCE OF WALES LANE |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 24 Jul 2012. Using an estimated price of £90,511 means this house is valued at £2,155 per sq meter (£200 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 |
|---|---|---|---|
| Jun 2024 | Robbery | Unable to prosecute suspect | On or near Gorleston Road |
| Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Gorleston Road |
| May 2024 | Violence and sexual offences | Under investigation | On or near Gorleston Road |
| May 2024 | Violence and sexual offences | Under investigation | On or near Gorleston Road |
| Apr 2024 | Robbery | Awaiting court outcome | On or near Gorleston Road |