£296,058
This estimated value is based upon the latest sale price for the house of £240,000 on 7 Dec 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £240,000 | 7 Dec 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2018 the House Price Index for WEST MIDLANDS was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £240,000 results in an estimated price of approximately £296,058.
| 7 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £240,000 | £56,058 | £296,058 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 30.646 % | £73,549 | £313,549 |
| 3 Month Average | 4.168 % | £10,003 | £250,003 |
| 6 Month Average | 11.950 % | £28,679 | £268,679 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £208,081 | £205,000 | 62 FRANKTON CLOSE |
| 28 Jul 2023 | £214,892 | £212,000 | 64 ARLESCOTE ROAD |
| 6 Apr 2023 | £255,248 | £252,500 | 108 ARLESCOTE ROAD |
| 13 Oct 2022 | £215,678 | £218,000 | 52 ARLESCOTE ROAD |
| 30 Jun 2022 | £349,945 | £345,000 | 37 FRANKTON CLOSE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 8 Aug 2018. Using an estimated price of £296,059 means this house is valued at £3,052 per sq meter (£283 per sq foot).
The average size of a house on LAMMAS CLOSE is 97 sq meters (1,053 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other crime | Unable to prosecute suspect | On or near Lammas Close |
| Mar 2024 | Other crime | Under investigation | On or near Frankton Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Frankton Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Frankton Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Leam Crescent |