£173,664
This estimated value is based upon the latest sale price for the house of £140,500 on 24 Sep 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £140,500 | 24 Sep 2019 |
| £109,000 | 22 May 2009 |
| £85,000 | 15 Jun 2007 |
| £78,000 | 1 Aug 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 September 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £140,500 results in an estimated price of approximately £173,664.
| 24 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £140,500 | £33,164 | £173,664 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | 30.648 % | £43,060 | £183,560 |
| 3 Month Average | 30.910 % | £43,428 | £183,928 |
| 6 Month Average | 25.890 % | £36,374 | £176,874 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £146,270 | £145,000 | 44 LILY ROAD |
| 9 Oct 2023 | £84,059 | £82,150 | 104 LILY ROAD |
| 21 Aug 2023 | £164,466 | £161,500 | 54 LILY ROAD |
| 21 Jul 2022 | £155,054 | £153,500 | 45 LILY ROAD |
| 31 May 2022 | £188,922 | £184,000 | 11 PRESTON ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 16 Sep 2013. Using an estimated price of £173,665 means this house is valued at £1,996 per sq meter (£185 per sq foot).
The average size of a house on LILY ROAD is 90 sq meters (969 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lily Road |
| Jul 2024 | Other theft | Under investigation | On or near Lily Road |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lily Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lily Road |
| May 2024 | Anti-social behaviour | On or near Lily Road |