£239,815
This estimated value is based upon the latest sale price for the house of £227,000 on 4 Feb 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£227,000 | 4 Feb 2022 |
£78,000 | 19 Mar 1999 |
Detached |
Freehold |
Floor Area: 134 sq meters or 1,447 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 February 2022 the House Price Index for WEST MIDLANDS was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £227,000 results in an estimated price of approximately £239,815.
4 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 149.7 | 5.646 % | £227,000 | £12,815 | £239,815 |
The Postcode Pricing Model uses changes in average sales price within the WV11 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 | -60.275 % | £-136,823 | £90,176 |
3 Month Average | -10.833 % | £-24,591 | £202,408 |
6 Month Average | -1.810 % | £-4,108 | £222,891 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Apr 2024 | £146,270 | £145,000 | 50 BEECHWOOD AVENUE |
27 Jan 2023 | £240,643 | £240,000 | 67 LONG KNOWLE LANE |
11 Jan 2023 | £104,780 | £104,500 | 1 GOUGH AVENUE |
8 Nov 2022 | £124,418 | £125,000 | 75 LONG KNOWLE LANE |
23 May 2022 | £147,852 | £144,000 | 1 ARNHEM CLOSE |
This house has a floor area of 134 sq meters or 1,447 sq feet when measured on 18 May 2011. Using an estimated price of £239,816 means this house is valued at £1,782 per sq meter (£165 per sq foot).
The average size of a house on LONG KNOWLE LANE is 109 sq meters (1,180 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Gough Avenue |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gough Avenue |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Gough Avenue |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gough Avenue |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gough Avenue |