£111,446
This estimated value is based upon the latest sale price for the house of £71,500 on 31 Jan 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£71,500 | 31 Jan 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 45 sq meters or 490 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 2008 the House Price Index for WEST MIDLANDS was 95.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.870%.Applying this 55.870% change to the original purchase price of £71,500 results in an estimated price of approximately £111,446.
31 Jan 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.3 | 148.6 | 55.870 % | £71,500 | £39,946 | £111,446 |
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 | 85.605 % | £61,207 | £132,707 |
3 Month Average | 33.936 % | £24,264 | £95,764 |
6 Month Average | 43.796 % | £31,313 | £102,813 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £278,436 | £276,000 | 19 RUTLAND CRESCENT |
25 Mar 2022 | £196,890 | £190,000 | 4 LANGDALE DRIVE |
8 Oct 2021 | £175,930 | £159,000 | 28 LANGDALE DRIVE |
27 Aug 2021 | £262,114 | £234,950 | 16 CUMBERLAND ROAD |
13 Aug 2021 | £223,067 | £199,950 | 21 CUMBERLAND ROAD |
This house has a floor area of 45 sq meters or 490 sq feet when measured on 18 May 2009. Using an estimated price of £111,447 means this house is valued at £2,447 per sq meter (£227 per sq foot).
The average size of a house on CUMBERLAND ROAD is 91 sq meters (986 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langdale Drive |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langdale Drive |
Jan 2024 | Other theft | Unable to prosecute suspect | On or near Langdale Drive |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langdale Drive |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langdale Drive |