£202,912
This estimated value is based upon the latest sale price for the house of £129,500 on 22 Feb 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£129,500 | 22 Feb 2008 |
£45,950 | 26 May 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 91 sq meters or 979 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 February 2008 the House Price Index for WEST MIDLANDS was 94.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.689%.Applying this 56.689% change to the original purchase price of £129,500 results in an estimated price of approximately £202,912.
22 Feb 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.8 | 148.6 | 56.689 % | £129,500 | £73,412 | £202,912 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | 74.296 % | £96,213 | £225,713 |
3 Month Average | 32.817 % | £42,498 | £171,998 |
6 Month Average | 20.358 % | £26,363 | £155,863 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £65,842 | £65,000 | 1 BROMFORD RISE |
24 Jul 2023 | £202,729 | £200,000 | 18 LONSDALE ROAD |
31 Mar 2023 | £201,902 | £200,000 | 59 GOLDTHORN ROAD |
14 Jul 2022 | £115,310 | £115,000 | 151A PENN ROAD |
10 Jun 2022 | £127,806 | £126,000 | 155A PENN ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 2 May 2013. Using an estimated price of £202,913 means this house is valued at £2,229 per sq meter (£207 per sq foot).
The average size of a house on PENN ROAD is 110 sq meters (1,192 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lonsdale Road |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lonsdale Road |
Feb 2024 | Anti-social behaviour | On or near Lonsdale Road | |
Feb 2024 | Anti-social behaviour | On or near Lonsdale Road | |
Dec 2023 | Theft from the person | Investigation complete; no suspect identified | On or near Lonsdale Road |