£446,513
This estimated value is based upon the latest sale price for the house of £245,000 on 21 Oct 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £245,000 | 21 Oct 2005 |
| Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 October 2005 the House Price Index for WEST MIDLANDS was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.250%.Applying this 82.250% change to the original purchase price of £245,000 results in an estimated price of approximately £446,513.
| 21 Oct 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.6 | 82.250 % | £245,000 | £201,513 | £446,513 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | 16.317 % | £39,977 | £284,977 |
| 3 Month Average | 69.312 % | £169,813 | £414,813 |
| 6 Month Average | 59.206 % | £145,053 | £390,053 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £427,479 | £420,000 | 62 JEVONS ROAD |
| 7 Aug 2023 | £448,927 | £445,000 | 26 LAPWORTH DRIVE |
| 21 Jul 2023 | £243,274 | £240,000 | 52 WELSHMANS HILL |
| 7 Jul 2023 | £273,683 | £270,000 | 52 HONILEY DRIVE |
| 2 Jun 2023 | £470,702 | £465,000 | 65 JEVONS ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 10 Dec 2013. Using an estimated price of £446,513 means this house is valued at £4,377 per sq meter (£406 per sq foot).
The average size of a house on LAPWORTH DRIVE is 103 sq meters (1,116 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lapworth Drive |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Lapworth Drive |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ilmington Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welshmans Hill |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welshmans Hill |