£177,880
This estimated value is based upon the latest sale price for the house of £145,000 on 13 Dec 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Laburnum Road
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Price Paid | Date |
---|---|
£145,000 | 13 Dec 2019 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 925 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 December 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £145,000 results in an estimated price of approximately £177,880.
13 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.676 % | £145,000 | £32,880 | £177,880 |
The Postcode Pricing Model uses changes in average sales price within the WS5 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 | 9.846 % | £14,277 | £159,277 |
3 Month Average | 15.159 % | £21,980 | £166,980 |
6 Month Average | 4.922 % | £7,136 | £152,136 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Apr 2023 | £128,382 | £127,000 | 27 FERNBANK CRESCENT |
23 Feb 2023 | £334,775 | £335,000 | 308 WALSTEAD ROAD |
20 Jan 2022 | £151,547 | £144,000 | 43 BIRCHFIELD WAY |
1 Nov 2021 | £245,747 | £227,225 | 76 PLANETREE ROAD |
13 Jul 2021 | £133,315 | £116,000 | 119 BIRCHFIELD WAY |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 11 Aug 2017. Using an estimated price of £177,881 means this house is valued at £2,068 per sq meter (£192 per sq foot).
The average size of a house on BIRCHFIELD WAY is 83 sq meters (902 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Laburnum Road |
Jan 2024 | Anti-social behaviour | On or near Laburnum Road | |
Jan 2024 | Anti-social behaviour | On or near Laburnum Road | |
Jan 2024 | Anti-social behaviour | On or near Laburnum Road | |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Laburnum Road |