£430,392
This estimated value is based upon the latest sale price for the house of £375,000 on 14 Dec 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £375,000 | 14 Dec 2020 |
| £220,000 | 12 Nov 2004 |
| £184,950 | 23 Sep 2003 |
| £115,000 | 21 Jun 2001 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 December 2020 the House Price Index for WEST MIDLANDS was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £375,000 results in an estimated price of approximately £430,392.
| 14 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £375,000 | £55,392 | £430,392 |
The Postcode Pricing Model uses changes in average sales price within the B13 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 | -18.023 % | £-67,586 | £307,413 |
| 3 Month Average | -6.969 % | £-26,133 | £348,866 |
| 6 Month Average | 6.657 % | £24,962 | £399,962 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £453,971 | £450,000 | 33 KING EDWARD ROAD |
| 21 Mar 2023 | £402,795 | £399,000 | 10 THE HAWTHORNS |
| 20 Mar 2023 | £257,425 | £255,000 | 34 WOODBRIDGE ROAD |
| 23 Nov 2022 | £316,170 | £320,000 | 27 WOODBRIDGE ROAD |
| 31 Aug 2022 | £478,711 | £480,000 | 123 TRAFALGAR ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 15 Jul 2020. Using an estimated price of £430,393 means this house is valued at £5,123 per sq meter (£476 per sq foot).
The average size of a house on LABURNUM GROVE is 123 sq meters (1,331 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodbridge Road |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Woodbridge Road |
| Mar 2024 | Other theft | Under investigation | On or near Woodbridge Road |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Woodbridge Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodbridge Road |