£213,746
This estimated value is based upon the latest sale price for the house of £172,000 on 10 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 |
---|---|
£172,000 | 10 Dec 2018 |
£135,000 | 10 May 2013 |
£124,995 | 2 Apr 2004 |
£68,950 | 22 Oct 1999 |
Semi-Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £172,000 results in an estimated price of approximately £213,746.
10 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.271 % | £172,000 | £41,746 | £213,746 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | 92.096 % | £158,405 | £330,405 |
3 Month Average | 27.363 % | £47,065 | £219,065 |
6 Month Average | 13.278 % | £22,838 | £194,838 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £266,179 | £258,000 | 37 NAVIGATION LANE |
23 Jun 2023 | £244,908 | £240,000 | 26 NAVIGATION LANE |
28 Apr 2023 | £227,251 | £223,000 | 38 NAVIGATION LANE |
17 Jun 2022 | £229,915 | £225,000 | 6 MILLERSDALE DRIVE |
4 Mar 2022 | £273,510 | £262,000 | 17 MILLERSDALE DRIVE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 24 Jan 2013. Using an estimated price of £213,746 means this house is valued at £2,849 per sq meter (£264 per sq foot).
The average size of a house on NAVIGATION LANE is 70 sq meters (755 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Navigation Lane |
Apr 2024 | Violence and sexual offences | On or near Tame Bridge Parkway (Station) | |
Apr 2024 | Violence and sexual offences | On or near Tame Bridge Parkway (Station) | |
Apr 2024 | Violence and sexual offences | On or near Tame Bridge Parkway (Station) | |
Apr 2024 | Violence and sexual offences | On or near Tame Bridge Parkway (Station) |