£118,537
This estimated value is based upon the latest sale price for the house of £117,500 on 18 Aug 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £117,500 | 18 Aug 2023 |
| £135,000 | 8 Mar 2019 |
| £98,000 | 26 Jun 2014 |
| £182,075 | 30 Sep 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 41 sq meters or 441 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 2023 the House Price Index for WEST MIDLANDS was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £117,500 results in an estimated price of approximately £118,537.
| 18 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £117,500 | £1,037 | £118,537 |
The Postcode Pricing Model uses changes in average sales price within the B74 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 | -20.582 % | £-24,183 | £93,316 |
| 3 Month Average | -13.084 % | £-15,373 | £102,126 |
| 6 Month Average | -5.077 % | £-5,965 | £111,534 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £729,325 | £720,000 | 19 IRNHAM ROAD |
| 18 Aug 2023 | £118,537 | £117,500 | APARTMENT 12 MILLS COURT, 263 LICHFIELD ROAD |
| 14 Jul 2023 | £126,705 | £125,000 | APARTMENT 28 MILLS COURT, 263 LICHFIELD ROAD |
| 4 Jul 2023 | £202,729 | £200,000 | APARTMENT 25 MILLS COURT, 263 LICHFIELD ROAD |
| 15 Jun 2023 | £136,655 | £135,000 | APARTMENT 33 MILLS COURT, 263 LICHFIELD ROAD |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 29 Oct 2013. Using an estimated price of £118,537 means this house is valued at £2,891 per sq meter (£268 per sq foot).
The average size of a house on LICHFIELD ROAD is 102 sq meters (1,107 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Mar 2024 | Shoplifting | Offender given a caution | On or near Petrol Station |
| Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Petrol Station |