£252,503
This estimated value is based upon the latest sale price for the house of £155,000 on 21 Feb 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£155,000 | 21 Feb 2007 |
£150,000 | 30 Jul 2004 |
£150,000 | 30 Jul 2004 |
Detached |
Freehold |
Floor Area: 65 sq meters or 699 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 2007 the House Price Index for WEST MIDLANDS was 91.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.906%.Applying this 62.906% change to the original purchase price of £155,000 results in an estimated price of approximately £252,503.
21 Feb 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.2 | 148.6 | 62.906 % | £155,000 | £97,503 | £252,503 |
The Postcode Pricing Model uses changes in average sales price within the B31 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 | 23.015 % | £35,673 | £190,673 |
3 Month Average | 70.057 % | £108,588 | £263,588 |
6 Month Average | 60.151 % | £93,233 | £248,233 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £249,363 | £245,000 | 29 LAUGHTON CLOSE |
22 Sep 2023 | £247,160 | £244,000 | 304 LONGBRIDGE LANE |
1 Sep 2023 | £177,267 | £175,000 | 350 LONGBRIDGE LANE |
5 Jul 2023 | £212,865 | £210,000 | 308 LONGBRIDGE LANE |
1 Jun 2022 | £225,689 | £222,500 | 26 LONGHURST CROFT |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 13 Dec 2013. Using an estimated price of £252,504 means this house is valued at £3,884 per sq meter (£360 per sq foot).
The average size of a house on LONGHURST CROFT is 87 sq meters (941 sq feet).
This house is the smallest in the street with a floor area of 65 sq meters (699 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Robbery | Under investigation | On or near Longhurst Croft |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Longhurst Croft |
Feb 2024 | Anti-social behaviour | On or near Rea Close | |
Feb 2024 | Anti-social behaviour | On or near Rea Close | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Cedar Drive |