£221,952
This estimated value is based upon the latest sale price for the house of £143,000 on 6 Dec 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£143,000 | 6 Dec 2007 |
£127,000 | 19 Nov 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 602 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 2007 the House Price Index for WEST MIDLANDS was 95.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.211%.Applying this 55.211% change to the original purchase price of £143,000 results in an estimated price of approximately £221,952.
6 Dec 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.7 | 148.6 | 55.211 % | £143,000 | £78,952 | £221,952 |
The Postcode Pricing Model uses changes in average sales price within the WS1 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 | -11.441 % | £-16,360 | £126,639 |
3 Month Average | 2.304 % | £3,294 | £146,294 |
6 Month Average | 30.943 % | £44,249 | £187,249 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Jun 2023 | £174,615 | £172,500 | 59 LORINERS GROVE |
16 Jun 2022 | £142,007 | £140,000 | 3 LORINERS GROVE |
10 Jan 2022 | £296,779 | £282,000 | 67 PRINCES AVENUE |
2 Jul 2021 | £155,725 | £135,500 | 93 LORINERS GROVE |
13 Nov 2020 | £176,222 | £152,000 | 5 SHRUBBERY CLOSE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 29 Mar 2017. Using an estimated price of £221,952 means this house is valued at £3,963 per sq meter (£368 per sq foot).
The average size of a house on LORINERS GROVE is 64 sq meters (699 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Robbery | Unable to prosecute suspect | On or near Loriners Grove |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shrubbery Close |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near The Crescent |
Feb 2024 | Drugs | Awaiting court outcome | On or near The Crescent |
Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Willows Road |