£294,460
This estimated value is based upon the latest sale price for the house of £218,000 on 15 Mar 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £218,000 | 15 Mar 2016 |
| £214,950 | 27 Jan 2006 |
| £95,000 | 18 Aug 2000 |
| £83,000 | 6 Feb 1998 |
| Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 March 2016 the House Price Index for WEST MIDLANDS was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £218,000 results in an estimated price of approximately £294,460.
| 15 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £218,000 | £76,460 | £294,460 |
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 | 18.303 % | £39,901 | £257,901 |
| 3 Month Average | 45.090 % | £98,296 | £316,296 |
| 6 Month Average | 38.356 % | £83,615 | £301,615 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £286,665 | £283,000 | 21 HEBDEN GROVE |
| 22 Sep 2023 | £276,029 | £272,500 | 4 KEWSTOKE CLOSE |
| 10 Jul 2023 | £299,025 | £295,000 | 1 GAIRLOCH ROAD |
| 30 May 2022 | £275,185 | £270,000 | 11 GAIRLOCH ROAD |
| 5 Nov 2021 | £213,058 | £197,000 | 13 WITHYWOOD CLOSE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 20 Apr 2015. Using an estimated price of £294,461 means this house is valued at £4,673 per sq meter (£434 per sq foot).
The average size of a house on LOCHALSH GROVE is 95 sq meters (1,028 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Leven Drive |
| Mar 2024 | Burglary | Under investigation | On or near Kewstoke Close |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Kewstoke Close |
| Apr 2024 | Anti-social behaviour | On or near Withywood Close | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Long Mynd Close |