£231,460
This estimated value is based upon the latest sale price for the house of £186,000 on 26 Feb 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £186,000 | 26 Feb 2019 |
| £153,000 | 26 Mar 2013 |
| £73,000 | 14 Aug 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,179 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 February 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £186,000 results in an estimated price of approximately £231,460.
| 26 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £186,000 | £45,460 | £231,460 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 23.897 % | £44,448 | £230,448 |
| 3 Month Average | 26.104 % | £48,552 | £234,552 |
| 6 Month Average | 21.943 % | £40,813 | £226,813 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £280,624 | £275,000 | 15 LAWNSWOOD AVENUE |
| 2 Nov 2021 | £359,541 | £330,000 | 51 BLAKELEY AVENUE |
| 24 Sep 2021 | £230,683 | £212,500 | 13 BLAKELEY AVENUE |
| 27 Aug 2021 | £154,533 | £137,500 | 9 CALCOT DRIVE |
| 27 Aug 2021 | £179,820 | £160,000 | 12 ALDERFORD CLOSE |
This house has a floor area of 109 sq meters or 1,179 sq feet when measured on 18 Aug 2011. Using an estimated price of £231,461 means this house is valued at £2,111 per sq meter (£196 per sq foot).
The average size of a house on LAWNSWOOD RISE is 102 sq meters (1,102 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blakeley Avenue |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blakeley Avenue |
| Apr 2024 | Vehicle crime | Awaiting court outcome | On or near Blakeley Avenue |
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Lawnswood Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Calcot Drive |