£271,330
This estimated value is based upon the latest sale price for the house of £215,000 on 27 Oct 2017. 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 Petrol Station
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| Price Paid | Date |
|---|---|
| £215,000 | 27 Oct 2017 |
| £155,000 | 19 Feb 2014 |
| £249,450 | 21 Jul 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 October 2017 the House Price Index for WEST MIDLANDS was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £215,000 results in an estimated price of approximately £271,330.
| 27 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £215,000 | £56,330 | £271,330 |
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 | -23.693 % | £-50,940 | £164,059 |
| 3 Month Average | 9.652 % | £20,751 | £235,751 |
| 6 Month Average | 19.284 % | £41,460 | £256,460 |
| 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 60 sq meters or 645 sq feet when measured on 29 Oct 2013. Using an estimated price of £271,330 means this house is valued at £4,522 per sq meter (£420 per sq foot).
The average size of a house on LICHFIELD ROAD is 102 sq meters (1,107 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Petrol Station |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Petrol Station |
| Apr 2024 | Public order | Under investigation | On or near Petrol Station |
| Apr 2024 | Burglary | Under investigation | On or near Petrol Station |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |