£215,987
This estimated value is based upon the latest sale price for the house of £143,500 on 12 Sep 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £143,500 | 12 Sep 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2014 the House Price Index for WEST MIDLANDS was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £143,500 results in an estimated price of approximately £215,987.
| 12 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £143,500 | £72,487 | £215,987 |
The Postcode Pricing Model uses changes in average sales price within the B66 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 | 100.666 % | £144,455 | £287,955 |
| 3 Month Average | 93.935 % | £134,796 | £278,296 |
| 6 Month Average | 73.475 % | £105,436 | £248,936 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Apr 2023 | £60,653 | £60,000 | 124 OXFORD ROAD |
| 15 Jul 2022 | £180,486 | £180,000 | 201 MIDDLEMORE ROAD |
| 25 Feb 2022 | £78,652 | £75,000 | 5 LONES ROAD |
| 19 Oct 2021 | £182,569 | £165,000 | 94 MIDDLEMORE ROAD |
| 23 Oct 2020 | £175,962 | £150,000 | 43 LONES ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 18 Mar 2014. Using an estimated price of £215,987 means this house is valued at £2,879 per sq meter (£267 per sq foot).
The average size of a house on LAUREL DRIVE is 88 sq meters (948 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Shoplifting | Unable to prosecute suspect | On or near Retallack Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Retallack Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Retallack Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Retallack Close |
| Dec 2023 | Anti-social behaviour | On or near Retallack Close |