£289,550
This estimated value is based upon the latest sale price for the house of £137,500 on 29 Mar 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£137,500 | 29 Mar 2004 |
£94,500 | 27 Jun 2003 |
Terraced |
Freehold |
Floor Area: 75 sq meters or 807 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 March 2004 the House Price Index for WEST MIDLANDS was 71.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 110.582%.Applying this 110.582% change to the original purchase price of £137,500 results in an estimated price of approximately £289,550.
29 Mar 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
71.1 | 149.7 | 110.582 % | £137,500 | £152,050 | £289,550 |
The Postcode Pricing Model uses changes in average sales price within the B44 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 | 92.423 % | £127,081 | £264,581 |
3 Month Average | 101.760 % | £139,920 | £277,420 |
6 Month Average | 117.692 % | £161,826 | £299,326 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Aug 2024 | £160,000 | £160,000 | 20 WISEMAN GROVE |
19 Apr 2024 | £288,505 | £286,000 | 116 ELIZABETH ROAD |
8 Apr 2024 | £296,575 | £294,000 | 73 ELIZABETH ROAD |
15 Nov 2023 | £220,600 | £215,000 | 739 COLLEGE ROAD |
4 Oct 2023 | £205,160 | £200,500 | 124 ELIZABETH ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 9 Jun 2014. Using an estimated price of £289,551 means this house is valued at £3,860 per sq meter (£358 per sq foot).
The average size of a house on LANGHOLM DRIVE is 108 sq meters (1,169 sq feet).
This house is the smallest in the street with a floor area of 75 sq meters (807 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langholm Drive |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langholm Drive |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langholm Drive |
Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Langholm Drive |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Margaret Road |