£139,229
This estimated value is based upon the latest sale price for the house of £81,000 on 18 Jan 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£81,000 | 18 Jan 2012 |
Flats/Maisonettes |
Leasehold |
Floor Area: 67 sq meters or 729 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 January 2012 the House Price Index for WEST MIDLANDS was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.888%.Applying this 71.888% change to the original purchase price of £81,000 results in an estimated price of approximately £139,229.
18 Jan 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.5 | 148.6 | 71.888 % | £81,000 | £58,229 | £139,229 |
The Postcode Pricing Model uses changes in average sales price within the B24 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 | -22.932 % | £-18,575 | £62,424 |
3 Month Average | 40.708 % | £32,973 | £113,973 |
6 Month Average | 43.221 % | £35,009 | £116,009 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £329,209 | £325,000 | 158 GRANGE ROAD |
7 Jul 2023 | £152,046 | £150,000 | 59 PARK CLOSE |
27 Apr 2023 | £358,864 | £355,000 | 897 CHESTER ROAD |
1 Mar 2023 | £128,713 | £127,500 | 29 PARK CLOSE |
24 Oct 2022 | £121,690 | £123,000 | 5 PARK CLOSE |
This house has a floor area of 67 sq meters or 729 sq feet when measured on 30 Jul 2010. Using an estimated price of £139,229 means this house is valued at £2,054 per sq meter (£190 per sq foot).
The average size of a house on PARK CLOSE is 65 sq meters (706 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Offender given a caution | On or near Park Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Close |
Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Park Close |