£123,629
This estimated value is based upon the latest sale price for the house of £70,000 on 28 Mar 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £70,000 | 28 Mar 2006 |
| £26,500 | 23 Nov 2000 |
| £20,000 | 31 Oct 2000 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 March 2006 the House Price Index for WEST MIDLANDS was 84.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 76.613%.Applying this 76.613% change to the original purchase price of £70,000 results in an estimated price of approximately £123,629.
| 28 Mar 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.1 | 148.6 | 76.613 % | £70,000 | £53,629 | £123,629 |
The Postcode Pricing Model uses changes in average sales price within the B19 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 | 156.096 % | £109,267 | £179,267 |
| 3 Month Average | 117.303 % | £82,111 | £152,111 |
| 6 Month Average | 120.081 % | £84,056 | £154,056 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £34,670 | £34,250 | 165 WHEELER STREET |
| 31 Jan 2023 | £149,297 | £150,000 | 325 HOSPITAL STREET |
| 25 Mar 2022 | £181,817 | £175,455 | APARTMENT 250 PANNEL CROFT VILLAGE 290 HOSPITAL STREET |
| 1 Feb 2022 | £232,810 | £222,000 | 17 ORCHID DRIVE |
| 25 Nov 2021 | £77,869 | £72,000 | 5 SHOPPING CENTRE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 22 Sep 2021. Using an estimated price of £123,629 means this house is valued at £1,177 per sq meter (£109 per sq foot).
The average size of a house on LENNOX STREET is 118 sq meters (1,276 sq feet).
This house is the largest in the street with a floor area of 105 sq meters (1,130 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lennox Street |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lennox Street |
| Jan 2024 | Anti-social behaviour | On or near Lennox Street | |
| Jan 2024 | Anti-social behaviour | On or near Lennox Street | |
| Jan 2024 | Anti-social behaviour | On or near Lennox Street |