£291,972
This estimated value is based upon the latest sale price for the house of £243,500 on 3 Aug 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£243,500 | 3 Aug 2020 |
£205,000 | 27 Apr 2018 |
£170,000 | 24 Nov 2015 |
£134,950 | 28 Jun 2013 |
Terraced |
Freehold |
Floor Area: 73 sq meters or 785 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 August 2020 the House Price Index for WEST MIDLANDS was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £243,500 results in an estimated price of approximately £291,972.
3 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 148.6 | 19.907 % | £243,500 | £48,472 | £291,972 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | -10.511 % | £-25,594 | £217,905 |
3 Month Average | -6.785 % | £-16,520 | £226,979 |
6 Month Average | 8.167 % | £19,887 | £263,387 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £172,202 | £170,000 | 148 PRINCE OF WALES LANE |
25 Sep 2023 | £278,562 | £275,000 | 12 LOXLEY AVENUE |
19 Jun 2023 | £197,391 | £195,000 | 149 PRINCE OF WALES LANE |
28 Mar 2023 | £230,168 | £228,000 | 38 LOXLEY AVENUE |
17 Feb 2023 | £329,778 | £330,000 | 1168 YARDLEY WOOD ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 24 Mar 2017. Using an estimated price of £291,973 means this house is valued at £3,999 per sq meter (£371 per sq foot).
The average size of a house on LOXLEY AVENUE is 86 sq meters (934 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Under investigation | On or near Prince Of Wales Lane |
Mar 2024 | Vehicle crime | Under investigation | On or near Prince Of Wales Lane |
Mar 2024 | Other crime | Investigation complete; no suspect identified | On or near Prince Of Wales Lane |
Feb 2024 | Drugs | Local resolution | On or near Prince Of Wales Lane |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Prince Of Wales Lane |