£118,452
This estimated value is based upon the latest sale price for the house of £74,500 on 9 May 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£74,500 | 9 May 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 55 sq meters or 592 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 2008 the House Price Index for WEST MIDLANDS was 93.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.996%.Applying this 58.996% change to the original purchase price of £74,500 results in an estimated price of approximately £118,452.
9 May 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.5 | 148.6 | 58.996 % | £74,500 | £43,952 | £118,452 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 56.953 % | £42,429 | £116,929 |
3 Month Average | 21.043 % | £15,677 | £90,177 |
6 Month Average | 40.014 % | £29,810 | £104,310 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £178,645 | £176,000 | 10 THE FORGE |
28 Jun 2023 | £70,858 | £70,000 | 176 APPERLEY WAY |
23 Jun 2023 | £58,205 | £57,500 | 44 NETHEREND LANE |
23 Jun 2023 | £89,079 | £88,000 | 40 NETHEREND LANE |
31 Mar 2023 | £59,561 | £59,000 | 30 NETHEREND LANE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 29 Sep 2015. Using an estimated price of £118,452 means this house is valued at £2,153 per sq meter (£200 per sq foot).
The average size of a house on LYDE GREEN is 68 sq meters (739 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blaenwern Drive |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Blaenwern Drive |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Maypole Hill |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kestrel Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kestrel Road |