£184,688
This estimated value is based upon the latest sale price for the house of £180,000 on 20 Nov 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £180,000 | 20 Nov 2023 |
| £117,500 | 18 Jun 2012 |
| £46,000 | 22 Oct 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 876 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 November 2023 the House Price Index for WEST MIDLANDS was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £180,000 results in an estimated price of approximately £184,688.
| 20 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £180,000 | £4,688 | £184,688 |
The Postcode Pricing Model uses changes in average sales price within the B67 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 | -55.709 % | £-100,276 | £79,723 |
| 3 Month Average | 5.570 % | £10,025 | £190,025 |
| 6 Month Average | -3.121 % | £-5,617 | £174,382 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £184,688 | £180,000 | 15 LABURNUM AVENUE |
| 21 Jun 2023 | £234,703 | £230,000 | 232 LONDONDERRY LANE |
| 28 Apr 2023 | £214,003 | £210,000 | 206 LONDONDERRY LANE |
| 13 Apr 2023 | £173,240 | £170,000 | 188 LONDONDERRY LANE |
| 22 Feb 2023 | £230,540 | £229,000 | 145 LONDONDERRY LANE |
This house has a floor area of 81 sq meters or 876 sq feet when measured on 15 Jul 2011. Using an estimated price of £184,688 means this house is valued at £2,266 per sq meter (£210 per sq foot).
The average size of a house on LABURNUM AVENUE is 119 sq meters (1,286 sq feet).
This house is the smallest in the street with a floor area of 81 sq meters (876 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Laburnum Avenue |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Laburnum Avenue |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Yew Tree Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Yew Tree Road |
| Jun 2024 | Criminal damage and arson | Local resolution | On or near Londonderry Lane |