£136,700
This estimated value is based upon the latest sale price for the house of £40,000 on 20 Apr 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£40,000 | 20 Apr 2001 |
£28,000 | 19 Jan 2001 |
Terraced |
Freehold |
Floor Area: 76 sq meters or 818 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 April 2001 the House Price Index for WEST MIDLANDS was 42.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 241.750%.Applying this 241.750% change to the original purchase price of £40,000 results in an estimated price of approximately £136,700.
20 Apr 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
42.9 | 146.7 | 241.750 % | £40,000 | £96,700 | £136,700 |
The Postcode Pricing Model uses changes in average sales price within the B23 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 | 241.278 % | £96,511 | £136,511 |
3 Month Average | 184.292 % | £73,716 | £113,716 |
6 Month Average | 212.564 % | £85,025 | £125,025 |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 25 Sep 2013.
The average size of a house on LAKES ROAD is 77 sq meters (835 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Ipsley Grove |
Feb 2024 | Possession of weapons | Under investigation | On or near Ipsley Grove |
Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Millwards End |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Millwards End |
Feb 2024 | Violence and sexual offences | Offender given a caution | On or near Millwards End |