£177,251
This estimated value is based upon the latest sale price for the house of £142,000 on 27 Apr 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £142,000 | 27 Apr 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 April 2018 the House Price Index for WEST MIDLANDS was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £142,000 results in an estimated price of approximately £177,251.
| 27 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.6 | 24.825 % | £142,000 | £35,251 | £177,251 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | 37.323 % | £52,998 | £194,998 |
| 3 Month Average | 47.793 % | £67,866 | £209,866 |
| 6 Month Average | 25.401 % | £36,069 | £178,069 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £142,611 | £140,500 | 10 FARMBRIDGE WAY |
| 21 Sep 2023 | £118,515 | £117,000 | 9 FARMBRIDGE CLOSE |
| 28 Jul 2023 | £299,025 | £295,000 | 22 INGLEDEW CLOSE |
| 20 Jun 2022 | £88,247 | £87,000 | 49 GRENVILLE CLOSE |
| 18 May 2022 | £89,690 | £88,000 | 16 GRENVILLE CLOSE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 22 Jul 2017. Using an estimated price of £177,252 means this house is valued at £2,769 per sq meter (£257 per sq foot).
The average size of a house on LANGMEAD CLOSE is 85 sq meters (918 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ridge Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Western Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Western Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Western Close |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Western Close |