£378,745
This estimated value is based upon the latest sale price for the house of £330,000 on 8 Dec 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£330,000 | 8 Dec 2020 |
Terraced |
Freehold |
Floor Area: 115 sq meters or 1,237 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 2020 the House Price Index for WEST MIDLANDS was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £330,000 results in an estimated price of approximately £378,745.
8 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 148.6 | 14.771 % | £330,000 | £48,745 | £378,745 |
The Postcode Pricing Model uses changes in average sales price within the B28 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 | -39.239 % | £-129,488 | £200,511 |
3 Month Average | -1.928 % | £-6,363 | £323,636 |
6 Month Average | 17.461 % | £57,622 | £387,622 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jul 2023 | £395,321 | £390,000 | 21 ST PETERS CLOSE |
6 Jul 2023 | £496,685 | £490,000 | 44 PARADISE LANE |
20 Mar 2023 | £423,995 | £420,000 | 38 PARADISE LANE |
15 Feb 2023 | £317,786 | £318,000 | 82 PARADISE LANE |
25 Nov 2022 | £454,495 | £460,000 | 62 PARADISE LANE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 20 Mar 2017. Using an estimated price of £378,745 means this house is valued at £3,293 per sq meter (£305 per sq foot).
The average size of a house on PARADISE LANE is 108 sq meters (1,166 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Robins |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Saint Peters Close |
Feb 2024 | Burglary | Under investigation | On or near Saint Peters Close |
Feb 2024 | Burglary | Under investigation | On or near Saint Peters Close |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Saint Peters Close |