£55,541
This estimated value is based upon the latest sale price for the house of £45,000 on 23 Jul 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £45,000 | 23 Jul 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 16 sq meters or 172 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 July 2018 the House Price Index for WEST MIDLANDS was 119.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.425%.Applying this 23.425% change to the original purchase price of £45,000 results in an estimated price of approximately £55,541.
| 23 Jul 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.0 | 23.425 % | £45,000 | £10,541 | £55,541 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 24.208 % | £10,893 | £55,893 |
| 3 Month Average | 26.757 % | £12,040 | £57,040 |
| 6 Month Average | 30.390 % | £13,675 | £58,675 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £181,433 | £178,000 | 70 SQUIRES GROVE |
| 10 Nov 2023 | £121,561 | £120,000 | 5 SQUIRES GROVE |
| 10 Nov 2023 | £121,561 | £120,000 | 16 SQUIRES GROVE |
| 14 Aug 2023 | £116,710 | £116,000 | 45 SQUIRES GROVE |
| 11 Aug 2023 | £186,132 | £185,000 | 83 BRERETON ROAD |
This house has a floor area of 16 sq meters or 172 sq feet when measured on 14 Feb 2018. Using an estimated price of £55,541 means this house is valued at £3,471 per sq meter (£322 per sq foot).
The average size of a house on LICHFIELD ROAD is 96 sq meters (1,042 sq feet).
This house is the smallest in the street with a floor area of 16 sq meters (172 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Apr 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |
| Apr 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Supermarket |