£327,185
This estimated value is based upon the latest sale price for the house of £325,000 on 1 Feb 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£325,000 | 1 Feb 2023 |
£225,000 | 10 Oct 2014 |
Leasehold |
Floor Area: 77 sq meters or 828 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 2023 the House Price Index for WEST MIDLANDS was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £325,000 results in an estimated price of approximately £327,185.
1 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.7 | 149.7 | 0.672 % | £325,000 | £2,185 | £327,185 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 32.213 % | £104,691 | £429,691 |
3 Month Average | -14.329 % | £-46,568 | £278,431 |
6 Month Average | -10.941 % | £-35,558 | £289,441 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Nov 2023 | £302,683 | £295,000 | 11 BILLSMORE GREEN |
27 Oct 2023 | £163,718 | £160,000 | 6 LAXTON GROVE |
18 Aug 2023 | £165,994 | £163,000 | 289 ROWOOD DRIVE |
1 Feb 2023 | £327,186 | £325,000 | 1 BILLSMORE GREEN |
28 Jun 2022 | £334,654 | £327,500 | 80 BILLSMORE GREEN |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 21 Sep 2009. Using an estimated price of £327,186 means this house is valued at £4,249 per sq meter (£394 per sq foot).
The average size of a house on BILLSMORE GREEN is 86 sq meters (934 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Unable to prosecute suspect | On or near Laxton Grove |
Jun 2024 | Vehicle crime | Unable to prosecute suspect | On or near Laxton Grove |
May 2024 | Public order | Unable to prosecute suspect | On or near Laxton Grove |
Apr 2024 | Other theft | Unable to prosecute suspect | On or near Laxton Grove |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Laxton Grove |