£105,895
This estimated value is based upon the latest sale price for the house of £85,000 on 18 Apr 2019. 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 | 18 Apr 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 April 2019 the House Price Index for WEST MIDLANDS was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £85,000 results in an estimated price of approximately £105,895.
| 18 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £85,000 | £20,895 | £105,895 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | -23.677 % | £-20,125 | £64,874 |
| 3 Month Average | 7.965 % | £6,770 | £91,770 |
| 6 Month Average | 22.348 % | £18,995 | £103,995 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £144,216 | £142,000 | 23 OAK AVENUE |
| 7 Dec 2023 | £180,548 | £175,000 | 71 LIME AVENUE |
| 25 Aug 2023 | £159,884 | £157,000 | 4 LIME AVENUE |
| 30 Jun 2023 | £179,599 | £176,000 | 16 OAK AVENUE |
| 20 Oct 2022 | £167,441 | £168,000 | 25 LIME AVENUE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 30 Dec 2016. Using an estimated price of £105,896 means this house is valued at £1,708 per sq meter (£158 per sq foot).
The average size of a house on LILAC GROVE is 89 sq meters (962 sq feet).
This house is the smallest in the street with a floor area of 62 sq meters (667 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Lilac Grove |
| Jul 2024 | Anti-social behaviour | On or near Lilac Grove | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Avenue |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Oak Avenue |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Avenue |