£160,365
This estimated value is based upon the latest sale price for the house of £130,000 on 14 Dec 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £130,000 | 14 Dec 2018 |
| Terraced |
| Leasehold |
| Floor Area: 103 sq meters or 1,108 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 December 2018 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £130,000 results in an estimated price of approximately £160,365.
| 14 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £130,000 | £30,365 | £160,365 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | 13.503 % | £17,553 | £147,553 |
| 3 Month Average | 13.823 % | £17,969 | £147,969 |
| 6 Month Average | 14.742 % | £19,164 | £149,164 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £162,925 | £161,500 | 54 LILY ROAD |
| 21 Jul 2022 | £153,914 | £153,500 | 45 LILY ROAD |
| 31 May 2022 | £187,534 | £184,000 | 11 PRESTON ROAD |
| 5 May 2022 | £95,805 | £94,000 | 87 LILY ROAD |
| 1 Apr 2022 | £200,811 | £195,000 | 110 LILY ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 7 Nov 2013. Using an estimated price of £160,365 means this house is valued at £1,556 per sq meter (£144 per sq foot).
The average size of a house on LILY ROAD is 90 sq meters (969 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lily Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lily Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lily Road |
| Mar 2024 | Other crime | Under investigation | On or near Lily Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lily Road |