£24,697
This estimated value is based upon the latest sale price for the house of £20,000 on 27 Sep 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£20,000 | 27 Sep 2018 |
£93,000 | 23 Oct 2015 |
Freehold |
Floor Area: 37 sq meters or 398 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 2018 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £20,000 results in an estimated price of approximately £24,697.
27 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.487 % | £20,000 | £4,697 | £24,697 |
The Postcode Pricing Model uses changes in average sales price within the B1 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 | 78.329 % | £15,665 | £35,665 |
3 Month Average | -20.818 % | £-4,163 | £15,836 |
6 Month Average | -21.697 % | £-4,339 | £15,660 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £146,978 | £145,000 | FLAT 11 RICHARD LIGHTON HOUSE, 67 PARADE |
21 Mar 2023 | £136,284 | £135,000 | FLAT 14 RICHARD LIGHTON HOUSE, 67 PARADE |
9 Feb 2023 | £215,355 | £215,500 | 5 LEXINGTON APARTMENTS, 2 SCOTLAND STREET |
6 Jan 2023 | £136,855 | £137,500 | FLAT 16 RICHARD LIGHTON HOUSE, 67 PARADE |
15 Jul 2022 | £210,567 | £210,000 | 1 LEXINGTON APARTMENTS, 2 SCOTLAND STREET |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 2 Jul 2015. Using an estimated price of £24,697 means this house is valued at £667 per sq meter (£62 per sq foot).
The average size of a house on PARADE is 55 sq meters (600 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Helena Street |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Helena Street |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parade |
Mar 2024 | Robbery | Under investigation | On or near Parade |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parade |