£467,165
This estimated value is based upon the latest sale price for the house of £134,950 on 11 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 |
|---|---|
| £134,950 | 11 Apr 2001 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 Mar 2024 is 148.6 which is a change of 246.176%.Applying this 246.176% change to the original purchase price of £134,950 results in an estimated price of approximately £467,165.
| 11 Apr 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.9 | 148.6 | 246.176 % | £134,950 | £332,215 | £467,165 |
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 | 139.600 % | £188,389 | £323,339 |
| 3 Month Average | 202.522 % | £273,303 | £408,253 |
| 6 Month Average | 183.417 % | £247,520 | £382,470 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £345,523 | £342,500 | 9 LUPIN GROVE |
| 24 Jan 2022 | £273,626 | £260,000 | 3 EDELWEISS CLOSE |
| 14 Jan 2022 | £134,708 | £128,000 | 4 THE PRIMROSES |
| 30 Jul 2021 | £341,332 | £297,000 | 16 EDELWEISS CLOSE |
| 11 Dec 2020 | £266,270 | £232,000 | 33 GREENSIDE WAY |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 5 Jul 2015. Using an estimated price of £467,165 means this house is valued at £5,190 per sq meter (£482 per sq foot).
The average size of a house on ORCHARD ROAD is 102 sq meters (1,106 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Robbery | Under investigation | On or near Lupin Grove |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lupin Grove |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lupin Grove |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lupin Grove |
| Mar 2024 | Burglary | Under investigation | On or near Orchard Road |