£137,795
This estimated value is based upon the latest sale price for the house of £108,500 on 22 Nov 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£108,500 | 22 Nov 2017 |
£105,000 | 19 Nov 2010 |
Flats/Maisonettes |
Leasehold |
Floor Area: 65 sq meters or 708 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 2017 the House Price Index for WEST MIDLANDS was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £108,500 results in an estimated price of approximately £137,795.
22 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 149.7 | 27.000 % | £108,500 | £29,295 | £137,795 |
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 | 83.330 % | £90,412 | £198,912 |
3 Month Average | 43.814 % | £47,538 | £156,038 |
6 Month Average | 47.343 % | £51,367 | £159,867 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Mar 2024 | £129,997 | £128,000 | 3 FIELD CLOSE |
20 Oct 2023 | £97,208 | £95,000 | 33 LOWBRIDGE WALK |
16 Aug 2023 | £122,204 | £120,000 | 124 LOWBRIDGE WALK |
9 Jun 2023 | £125,515 | £123,000 | 25 LOWBRIDGE WALK |
7 Oct 2022 | £149,501 | £150,000 | 10 FIELD CLOSE |
This house has a floor area of 65 sq meters or 708 sq feet when measured on 16 Sep 2010. Using an estimated price of £137,795 means this house is valued at £2,094 per sq meter (£194 per sq foot).
The average size of a house on LOWBRIDGE WALK is 64 sq meters (699 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lowbridge Walk |
Apr 2024 | Drugs | Awaiting court outcome | On or near Windsor Street |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Field Close |
Jun 2024 | Anti-social behaviour | On or near Field Close | |
Jun 2024 | Anti-social behaviour | On or near Field Close |