£174,282
This estimated value is based upon the latest sale price for the house of £125,000 on 3 Dec 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £125,000 | 3 Dec 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 2015 the House Price Index for WEST MIDLANDS was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £125,000 results in an estimated price of approximately £174,282.
| 3 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £125,000 | £49,282 | £174,282 |
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 | 104.190 % | £130,237 | £255,237 |
| 3 Month Average | 42.818 % | £53,521 | £178,521 |
| 6 Month Average | 30.544 % | £38,179 | £163,179 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £169,297 | £165,000 | 25 LANGLEY HALL ROAD |
| 9 Oct 2023 | £184,183 | £180,000 | 49 LANGLEY HALL ROAD |
| 21 Feb 2023 | £332,219 | £330,000 | 92 LANGLEY HALL ROAD |
| 20 Feb 2023 | £231,547 | £230,000 | 474 GOSPEL LANE |
| 29 Apr 2022 | £240,682 | £232,000 | 446 GOSPEL LANE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 17 Feb 2015. Using an estimated price of £174,282 means this house is valued at £2,640 per sq meter (£245 per sq foot).
The average size of a house on LANGLEY HALL ROAD is 86 sq meters (935 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Hornbrook Grove | |
| Jun 2024 | Anti-social behaviour | On or near Hornbrook Grove | |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hornbrook Grove |
| Jun 2024 | Robbery | Investigation complete; no suspect identified | On or near Hornbrook Grove |
| Jun 2024 | Possession of weapons | Awaiting court outcome | On or near Langley Hall Road |