£302,377
This estimated value is based upon the latest sale price for the house of £163,500 on 7 May 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£163,500 | 7 May 2009 |
£105,000 | 13 Jun 2007 |
Semi-Detached |
Freehold |
Floor Area: 85 sq meters or 923 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 May 2009 the House Price Index for WEST MIDLANDS was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.940%.Applying this 84.940% change to the original purchase price of £163,500 results in an estimated price of approximately £302,377.
7 May 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.4 | 148.6 | 84.940 % | £163,500 | £138,877 | £302,377 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | 98.079 % | £160,359 | £323,859 |
3 Month Average | 54.494 % | £89,097 | £252,597 |
6 Month Average | 40.804 % | £66,714 | £230,214 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £306,418 | £302,500 | 53 WYCHBURY ROAD |
22 Jun 2023 | £177,146 | £175,000 | 16 BHYLLS LANE |
11 Jan 2023 | £326,711 | £328,250 | 46 WYCHBURY ROAD |
11 Aug 2022 | £418,872 | £420,000 | 31 SOUTHFIELD GROVE |
11 Mar 2022 | £181,346 | £175,000 | 57 WARNFORD WALK |
This house has a floor area of 85 sq meters or 923 sq feet when measured on 5 Nov 2008. Using an estimated price of £302,377 means this house is valued at £3,526 per sq meter (£327 per sq foot).
The average size of a house on LANGLEY ROAD is 102 sq meters (1,099 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Under investigation | On or near Fareham Crescent |
Mar 2024 | Anti-social behaviour | On or near Fareham Crescent | |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fareham Crescent |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fareham Crescent |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fareham Crescent |