£93,104
This estimated value is based upon the latest sale price for the house of £75,000 on 23 Nov 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £75,000 | 23 Nov 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 November 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £75,000 results in an estimated price of approximately £93,104.
| 23 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £75,000 | £18,104 | £93,104 |
The Postcode Pricing Model uses changes in average sales price within the B36 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 | 23.014 % | £17,260 | £92,260 |
| 3 Month Average | 12.143 % | £9,107 | £84,107 |
| 6 Month Average | 14.997 % | £11,247 | £86,247 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jun 2024 | £176,000 | £176,000 | 51 FALKLAND WAY |
| 21 Aug 2023 | £177,196 | £174,000 | 42 WINDWARD WAY |
| 5 Jun 2023 | £280,624 | £275,000 | 42 LUNDY VIEW |
| 6 Jan 2023 | £441,179 | £440,000 | 675 CHESTER ROAD |
| 30 Nov 2022 | £82,614 | £83,000 | 21 LUNDY VIEW |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 28 Jun 2018. Using an estimated price of £93,104 means this house is valued at £1,862 per sq meter (£172 per sq foot).
The average size of a house on FALKLAND WAY is 80 sq meters (863 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Falkland Way |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Falkland Way |
| Oct 2024 | Anti-social behaviour | On or near Falkland Way | |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Falkland Way |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Falkland Way |