£131,607
This estimated value is based upon the latest sale price for the house of £71,000 on 9 Apr 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £71,000 | 9 Apr 2009 |
| £41,500 | 9 Jan 2002 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 856 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 April 2009 the House Price Index for WEST MIDLANDS was 79.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 85.362%.Applying this 85.362% change to the original purchase price of £71,000 results in an estimated price of approximately £131,607.
| 9 Apr 2009 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.0 | 85.362 % | £71,000 | £60,607 | £131,607 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | 21.486 % | £15,255 | £86,255 |
| 3 Month Average | 66.119 % | £46,944 | £117,944 |
| 6 Month Average | 67.658 % | £48,037 | £119,037 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £178,375 | £175,000 | 62 BERNARD STREET |
| 28 Jul 2023 | £257,435 | £255,000 | 75 GLADSTONE STREET |
| 6 Jul 2022 | £237,179 | £237,500 | 59 GLADSTONE STREET |
| 27 May 2022 | £71,056 | £70,000 | 15 BERNARD STREET |
| 9 Dec 2021 | £166,460 | £156,000 | 12 GLADSTONE STREET |
This house has a floor area of 79 sq meters or 856 sq feet when measured on 5 Aug 2009. Using an estimated price of £131,607 means this house is valued at £1,653 per sq meter (£153 per sq foot).
The average size of a house on HARGATE LANE is 86 sq meters (931 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Hargate Lane |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hargate Lane |
| Apr 2024 | Vehicle crime | Under investigation | On or near Hargate Lane |
| Mar 2024 | Drugs | Local resolution | On or near Hargate Lane |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hargate Lane |