£132,201
This estimated value is based upon the latest sale price for the house of £85,000 on 14 Mar 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£85,000 | 14 Mar 2008 |
£82,000 | 28 Oct 2005 |
£45,950 | 5 Oct 2001 |
£32,000 | 17 May 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 28 sq meters or 301 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 March 2008 the House Price Index for WEST MIDLANDS was 94.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 55.531%.Applying this 55.531% change to the original purchase price of £85,000 results in an estimated price of approximately £132,201.
14 Mar 2008 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.3 | 146.7 | 55.531 % | £85,000 | £47,201 | £132,201 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | 64.464 % | £54,794 | £139,794 |
3 Month Average | 43.553 % | £37,019 | £122,019 |
6 Month Average | 41.592 % | £35,353 | £120,353 |
This house has a floor area of 28 sq meters or 301 sq feet when measured on 20 Dec 2012.
The average size of a house on ORCHARD RISE is 55 sq meters (599 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Robbery | Investigation complete; no suspect identified | On or near Ollerton Road |
Feb 2024 | Other crime | Unable to prosecute suspect | On or near Orchard Rise |
Jan 2024 | Public order | Under investigation | On or near Orchard Rise |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Rise |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Orchard Rise |