£570,582
This estimated value is based upon the latest sale price for the house of £550,000 on 13 Apr 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£550,000 | 13 Apr 2022 |
£246,000 | 2 Aug 2005 |
Terraced |
Freehold |
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 2022 the House Price Index for WEST MIDLANDS was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £550,000 results in an estimated price of approximately £570,582.
13 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 149.7 | 3.742 % | £550,000 | £20,582 | £570,582 |
The Postcode Pricing Model uses changes in average sales price within the B12 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 | -4.167 % | £-22,916 | £527,083 |
3 Month Average | -63.802 % | £-350,910 | £199,089 |
6 Month Average | -24.809 % | £-136,449 | £413,550 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Jul 2022 | £196,974 | £195,000 | 131 LADYPOOL ROAD |
27 May 2022 | £256,687 | £250,000 | 117 LADYPOOL ROAD |
13 Apr 2022 | £570,582 | £550,000 | 127 - 129 LADYPOOL ROAD |
26 Jan 2022 | £119,272 | £112,500 | 21 OAKFIELD AVENUE |
7 Jun 2021 | £269,136 | £249,000 | 150 LADYPOOL ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Vehicle crime | Unable to prosecute suspect | On or near Parking Area |
Oct 2024 | Drugs | Under investigation | On or near Parking Area |
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
Oct 2024 | Vehicle crime | Under investigation | On or near Parking Area |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |