£153,786
This estimated value is based upon the latest sale price for the house of £90,000 on 28 May 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £90,000 | 28 May 2010 |
| £84,050 | 31 Oct 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 563 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 May 2010 the House Price Index for WEST MIDLANDS was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.874%.Applying this 70.874% change to the original purchase price of £90,000 results in an estimated price of approximately £153,786.
| 28 May 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 149.7 | 70.874 % | £90,000 | £63,786 | £153,786 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 73.150 % | £65,835 | £155,835 |
| 3 Month Average | 20.938 % | £18,844 | £108,844 |
| 6 Month Average | 35.419 % | £31,876 | £121,876 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £107,000 | £107,000 | 8 LUANNE CLOSE |
| 4 Apr 2024 | £201,752 | £200,000 | 78 WATERFALL LANE |
| 15 Dec 2023 | £127,415 | £123,500 | 26 LUANNE CLOSE |
| 18 Aug 2023 | £125,768 | £123,500 | 20 LUANNE CLOSE |
| 28 Apr 2023 | £585,960 | £575,000 | UNIT 16S WATERFALL LANE TRADING ESTATE |
This house has a floor area of 52 sq meters or 563 sq feet when measured on 9 Sep 2009. Using an estimated price of £153,787 means this house is valued at £2,938 per sq meter (£273 per sq foot).
The average size of a house on LUANNE CLOSE is 55 sq meters (594 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Luanne Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Manson Drive |
| Jun 2024 | Other crime | Unable to prosecute suspect | On or near Waterfall Lane |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waterfall Lane |
| May 2024 | Drugs | Awaiting court outcome | On or near Waterfall Lane |