£276,792
This estimated value is based upon the latest sale price for the house of £280,000 on 21 Dec 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £280,000 | 21 Dec 2022 |
| £210,000 | 9 Nov 2018 |
| £186,000 | 8 Jan 2016 |
| £114,000 | 2 Mar 2004 |
| £50,000 | 24 Jan 1997 |
| Terraced |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 2022 the House Price Index for WEST MIDLANDS was 148.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.146%.Applying this -1.146% change to the original purchase price of £280,000 results in an estimated price of approximately £276,792.
| 21 Dec 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 146.7 | -1.146 % | £280,000 | £-3,207 | £276,792 |
The Postcode Pricing Model uses changes in average sales price within the B75 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 | 8.528 % | £23,878 | £303,878 |
| 3 Month Average | -8.294 % | £-23,224 | £256,775 |
| 6 Month Average | -10.577 % | £-29,614 | £250,385 |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 25 Jun 2015.
The average size of a house on FALCON LODGE CRESCENT is 90 sq meters (977 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chadwick Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chadwick Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chadwick Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chadwick Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chadwick Road |