£235,010
This estimated value is based upon the latest sale price for the house of £175,000 on 20 May 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £175,000 | 20 May 2016 |
| £183,000 | 6 Jul 2007 |
| £57,000 | 4 May 2001 |
| £43,450 | 21 Dec 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 May 2016 the House Price Index for WEST MIDLANDS was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £175,000 results in an estimated price of approximately £235,010.
| 20 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £175,000 | £60,010 | £235,010 |
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 | 92.252 % | £161,440 | £336,440 |
| 3 Month Average | 40.774 % | £71,354 | £246,354 |
| 6 Month Average | 41.954 % | £73,418 | £248,418 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £400,116 | £395,000 | 1B BROMPTON LAWNS |
| 6 Apr 2023 | £283,048 | £280,000 | 67 SCHOOL ROAD |
| 17 Feb 2023 | £191,871 | £192,000 | FLAT 53 MILESTONE COURT LIME TREE AVENUE |
| 19 May 2022 | £204,860 | £201,000 | 46 SCHOOL ROAD |
| 1 Dec 2021 | £179,456 | £167,500 | 68 SCHOOL ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 15 Aug 2013. Using an estimated price of £235,010 means this house is valued at £2,238 per sq meter (£207 per sq foot).
The average size of a house on LONG LAKE AVENUE is 95 sq meters (1,026 sq feet).
This house is the largest in the street with a floor area of 105 sq meters (1,130 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brompton Lawns |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brompton Lawns |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near School Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Brompton Lawns |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near School Road |