£115,248
This estimated value is based upon the latest sale price for the house of £60,000 on 8 Aug 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£60,000 | 8 Aug 2005 |
£26,300 | 11 Feb 2000 |
Semi-Detached |
Leasehold |
Floor Area: 48 sq meters or 523 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 August 2005 the House Price Index for WEST MIDLANDS was 54.3.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 92.081%.Applying this 92.081% change to the original purchase price of £60,000 results in an estimated price of approximately £115,248.
8 Aug 2005 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
54.3 | 104.3 | 92.081 % | £60,000 | £55,248 | £115,248 |
The Postcode Pricing Model uses changes in average sales price within the WV1 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 | -26.956 % | £-16,173 | £43,826 |
3 Month Average | 28.521 % | £17,112 | £77,112 |
6 Month Average | 28.839 % | £17,303 | £77,303 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Aug 2024 | £236,329 | £225,000 | 17 BROOKLANDS PARADE |
6 Nov 2023 | £267,162 | £250,000 | 30 BROOKLANDS PARADE |
27 Sep 2023 | £223,272 | £210,000 | 229 DEANS ROAD |
4 Jan 2023 | £229,460 | £220,000 | 13 KELSALL CLOSE |
12 Dec 2022 | £212,136 | £204,000 | 99 DEANSFIELD ROAD |
This house has a floor area of 48 sq meters or 523 sq feet when measured on 10 Sep 2011. Using an estimated price of £115,249 means this house is valued at £2,369 per sq meter (£220 per sq foot).
The average size of a house on LAPLEY CLOSE is 60 sq meters (647 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2025 | Criminal damage and arson | Unable to prosecute suspect | On or near Lapley Close |
Apr 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Lapley Close |
Mar 2025 | Criminal damage and arson | Unable to prosecute suspect | On or near Lapley Close |
Jan 2025 | Anti-social behaviour | On or near Lapley Close | |
Jan 2025 | Anti-social behaviour | On or near Lapley Close |