£341,892
This estimated value is based upon the latest sale price for the house of £69,000 on 14 Nov 1997. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Langley Rise
More crime details
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| Price Paid | Date |
|---|---|
| £69,000 | 14 Nov 1997 |
| Detached |
| 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 November 1997 the House Price Index for WEST MIDLANDS was 30.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 395.496%.Applying this 395.496% change to the original purchase price of £69,000 results in an estimated price of approximately £341,892.
| 14 Nov 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.2 | 149.7 | 395.496 % | £69,000 | £272,892 | £341,892 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 252.639 % | £174,321 | £243,321 |
| 3 Month Average | 348.853 % | £240,708 | £309,708 |
| 6 Month Average | 300.932 % | £207,642 | £276,642 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jul 2024 | £282,000 | £282,000 | 140 VICTOR ROAD |
| 1 Dec 2023 | £269,016 | £260,750 | 150 VICTOR ROAD |
| 1 Dec 2023 | £363,159 | £352,000 | 29 LANGLEY RISE |
| 3 Feb 2023 | £264,265 | £262,500 | 127 VICTOR ROAD |
| 3 Feb 2023 | £256,715 | £255,000 | 12 LANGLEY RISE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Langley Rise |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langley Rise |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Langley Rise |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glencroft Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glencroft Road |