£261,903
This estimated value is based upon the latest sale price for the house of £215,000 on 24 Jul 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£215,000 | 24 Jul 2020 |
£140,000 | 14 Mar 2018 |
Semi-Detached |
Freehold |
Floor Area: 99 sq meters or 1,065 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 July 2020 the House Price Index for WEST MIDLANDS was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £215,000 results in an estimated price of approximately £261,903.
24 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 149.7 | 21.815 % | £215,000 | £46,903 | £261,903 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 53.355 % | £114,713 | £329,713 |
3 Month Average | 21.170 % | £45,516 | £260,516 |
6 Month Average | 16.598 % | £35,685 | £250,685 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £226,971 | £225,000 | 1 LUCKNOW ROAD |
31 Oct 2023 | £173,951 | £170,000 | 46 LUCKNOW ROAD |
11 Sep 2023 | £182,012 | £178,000 | 25 TILDESLEY DRIVE |
26 Jun 2023 | £337,004 | £330,250 | 23 ELTER CLOSE |
27 Jan 2023 | £221,091 | £220,500 | 32 LAKELOT CLOSE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 29 Sep 2017. Using an estimated price of £261,903 means this house is valued at £2,645 per sq meter (£245 per sq foot).
The average size of a house on LUCKNOW ROAD is 91 sq meters (979 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Drugs | Awaiting court outcome | On or near Tildesley Drive |
Jul 2024 | Other crime | Under investigation | On or near Tildesley Drive |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Grasmere Road |
May 2024 | Anti-social behaviour | On or near Elter Close | |
May 2024 | Anti-social behaviour | On or near Elter Close |