£108,414
This estimated value is based upon the latest sale price for the house of £63,000 on 2 Sep 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £63,000 | 2 Sep 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 490 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 2008 the House Price Index for WEST MIDLANDS was 86.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.086%.Applying this 72.086% change to the original purchase price of £63,000 results in an estimated price of approximately £108,414.
| 2 Sep 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 148.6 | 72.086 % | £63,000 | £45,414 | £108,414 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | -0.983 % | £-619 | £62,380 |
| 3 Month Average | 39.294 % | £24,755 | £87,755 |
| 6 Month Average | 42.528 % | £26,792 | £89,792 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Mar 2022 | £62,176 | £60,000 | 30 PRICE CRESCENT |
| 25 Mar 2022 | £196,890 | £190,000 | 4 LANGDALE DRIVE |
| 10 Dec 2021 | £199,276 | £186,000 | 7 PRICE CRESCENT |
| 8 Oct 2021 | £175,930 | £159,000 | 28 LANGDALE DRIVE |
| 27 Aug 2021 | £262,114 | £234,950 | 16 CUMBERLAND ROAD |
This house has a floor area of 45 sq meters or 490 sq feet when measured on 23 Mar 2012. Using an estimated price of £108,414 means this house is valued at £2,380 per sq meter (£221 per sq foot).
The average size of a house on PROUDS LANE is 95 sq meters (1,031 sq feet).
This house is the smallest in the street with a floor area of 45 sq meters (490 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langdale Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langdale Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langdale Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langdale Drive |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Langdale Drive |