£177,338
This estimated value is based upon the latest sale price for the house of £125,000 on 9 Sep 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £125,000 | 9 Sep 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 September 2015 the House Price Index for WEST MIDLANDS was 104.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 41.871%.Applying this 41.871% change to the original purchase price of £125,000 results in an estimated price of approximately £177,338.
| 9 Sep 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 148.6 | 41.871 % | £125,000 | £52,338 | £177,338 |
The Postcode Pricing Model uses changes in average sales price within the B28 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 | -22.676 % | £-28,345 | £96,654 |
| 3 Month Average | 27.758 % | £34,697 | £159,697 |
| 6 Month Average | 55.447 % | £69,308 | £194,308 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £484,168 | £477,000 | 278 HIGHFIELD ROAD |
| 6 Jul 2023 | £496,685 | £490,000 | 44 PARADISE LANE |
| 20 Mar 2023 | £423,995 | £420,000 | 38 PARADISE LANE |
| 10 Mar 2022 | £463,727 | £447,500 | 5A WARWICK GARDENS |
| 11 Feb 2022 | £408,991 | £390,000 | 54 PARADISE LANE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 20 Nov 2014. Using an estimated price of £177,338 means this house is valued at £2,646 per sq meter (£245 per sq foot).
The average size of a house on PARADISE LANE is 108 sq meters (1,166 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Harewood Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harewood Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Harewood Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Harewood Close |
| Feb 2024 | Vehicle crime | Awaiting court outcome | On or near Harewood Close |