£242,601
This estimated value is based upon the latest sale price for the house of £190,000 on 15 Sep 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Langley Rise
More crime details
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| Price Paid | Date |
|---|---|
| £190,000 | 15 Sep 2017 |
| Semi-Detached |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 September 2017 the House Price Index for WEST MIDLANDS was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £190,000 results in an estimated price of approximately £242,601.
| 15 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 149.7 | 27.685 % | £190,000 | £52,601 | £242,601 |
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 | -8.205 % | £-15,588 | £174,411 |
| 3 Month Average | 35.965 % | £68,334 | £258,334 |
| 6 Month Average | 22.991 % | £43,682 | £233,682 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jul 2024 | £282,000 | £282,000 | 140 VICTOR ROAD |
| 1 Dec 2023 | £363,159 | £352,000 | 29 LANGLEY RISE |
| 1 Dec 2023 | £269,016 | £260,750 | 150 VICTOR ROAD |
| 10 Nov 2023 | £289,858 | £282,500 | 18 WALFORD DRIVE |
| 3 Feb 2023 | £264,265 | £262,500 | 127 VICTOR ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 29 Nov 2016. Using an estimated price of £242,601 means this house is valued at £4,256 per sq meter (£395 per sq foot).
The average size of a house on LANGLEY RISE is 81 sq meters (880 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Langley Rise |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langley Rise |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Langley Rise |
| Oct 2024 | Anti-social behaviour | On or near Eden Road | |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Eden Road |