£310,715
This estimated value is based upon the latest sale price for the house of £206,000 on 17 Nov 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Lochalsh Grove
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Price Paid | Date |
---|---|
£206,000 | 17 Nov 2014 |
£87,000 | 2 Jun 2000 |
£59,950 | 5 Feb 1999 |
£60,000 | 23 Sep 1996 |
Detached |
Freehold |
Floor Area: 100 sq meters or 1,076 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 November 2014 the House Price Index for WEST MIDLANDS was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £206,000 results in an estimated price of approximately £310,715.
17 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 149.7 | 50.833 % | £206,000 | £104,715 | £310,715 |
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 | 75.946 % | £156,448 | £362,448 |
3 Month Average | 43.139 % | £88,867 | £294,867 |
6 Month Average | 42.235 % | £87,004 | £293,004 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £278,642 | £272,500 | 4 KEWSTOKE CLOSE |
30 May 2022 | £277,222 | £270,000 | 11 GAIRLOCH ROAD |
5 Nov 2021 | £214,635 | £197,000 | 13 WITHYWOOD CLOSE |
2 Jul 2021 | £246,027 | £212,500 | 8 KEWSTOKE ROAD |
16 Oct 2020 | £389,983 | £330,000 | 15 LOCHALSH GROVE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 5 Sep 2014. Using an estimated price of £310,715 means this house is valued at £3,107 per sq meter (£288 per sq foot).
The average size of a house on LOCHALSH GROVE is 95 sq meters (1,028 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Under investigation | On or near Lochalsh Grove |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Leven Drive |
Apr 2024 | Anti-social behaviour | On or near Withywood Close | |
Apr 2024 | Anti-social behaviour | On or near Withywood Close | |
Apr 2024 | Anti-social behaviour | On or near Withywood Close |