£116,017
This estimated value is based upon the latest sale price for the house of £67,000 on 12 Jan 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £67,000 | 12 Jan 2012 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 January 2012 the House Price Index for WEST MIDLANDS was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.160%.Applying this 73.160% change to the original purchase price of £67,000 results in an estimated price of approximately £116,017.
| 12 Jan 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 149.7 | 73.160 % | £67,000 | £49,017 | £116,017 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | 90.158 % | £60,405 | £127,405 |
| 3 Month Average | 79.960 % | £53,572 | £120,572 |
| 6 Month Average | 74.870 % | £50,163 | £117,163 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2024 | £150,000 | £150,000 | 43 ROWLANDS AVENUE |
| 26 Jul 2024 | £157,500 | £157,500 | 19 HAWTHORN PLACE |
| 5 Apr 2024 | £151,314 | £150,000 | 4 LILAC GROVE |
| 6 Mar 2024 | £144,216 | £142,000 | 23 OAK AVENUE |
| 7 Dec 2023 | £180,548 | £175,000 | 71 LIME AVENUE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 21 Jun 2015. Using an estimated price of £116,017 means this house is valued at £1,303 per sq meter (£121 per sq foot).
The average size of a house on LILAC GROVE is 89 sq meters (962 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Under investigation | On or near Lilac Grove |
| Jul 2024 | Anti-social behaviour | On or near Lilac Grove | |
| Jul 2024 | Anti-social behaviour | On or near Lilac Grove | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lilac Grove |
| Jul 2024 | Anti-social behaviour | On or near Lilac Grove |