£256,445
This estimated value is based upon the latest sale price for the house of £135,000 on 7 Dec 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£135,000 | 7 Dec 2004 |
£63,500 | 29 Sep 2000 |
£58,500 | 13 Aug 1997 |
£57,950 | 27 Mar 1997 |
Semi-Detached |
Freehold |
Floor Area: 86 sq meters or 925 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 December 2004 the House Price Index for WEST MIDLANDS was 78.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.960%.Applying this 89.960% change to the original purchase price of £135,000 results in an estimated price of approximately £256,445.
7 Dec 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.8 | 149.7 | 89.960 % | £135,000 | £121,445 | £256,445 |
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 | 111.759 % | £150,875 | £285,875 |
3 Month Average | 76.956 % | £103,890 | £238,890 |
6 Month Average | 78.305 % | £105,711 | £240,711 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Oct 2023 | £228,182 | £223,000 | 37 BIRCHOVER ROAD |
24 Feb 2023 | £209,902 | £208,500 | 33 BIRCHOVER ROAD |
28 Jul 2022 | £272,733 | £270,000 | 49A BIRCHOVER ROAD |
9 Mar 2022 | £229,665 | £220,000 | 6 ARMSTRONG DRIVE |
25 Oct 2021 | £206,214 | £185,000 | 8 CONWY CLOSE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 13 Jul 2017. Using an estimated price of £256,445 means this house is valued at £2,981 per sq meter (£277 per sq foot).
The average size of a house on LUDLOW LANE is 72 sq meters (778 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rochester Croft |
Oct 2024 | Other crime | Under investigation | On or near Pike Road |
Oct 2024 | Anti-social behaviour | On or near Birchover Road | |
Aug 2024 | Anti-social behaviour | On or near Parkview Crescent | |
Aug 2024 | Anti-social behaviour | On or near Parkview Crescent |