£1,681,461
This estimated value is based upon the latest sale price for the house of £280,000 on 30 Oct 2023. 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 | 30 Oct 2023 |
| £140,000 | 20 Jul 2007 |
| £75,000 | 15 Jun 2001 |
| £52,000 | 16 May 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 October 2023 the House Price Index for WEST MIDLANDS was 24.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 500.522%.Applying this 500.522% change to the original purchase price of £280,000 results in an estimated price of approximately £1,681,461.
| 30 Oct 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 146.7 | 500.522 % | £280,000 | £1,401,461 | £1,681,461 |
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 | -22.126 % | £-61,952 | £218,047 |
| 3 Month Average | 32.170 % | £90,077 | £370,077 |
| 6 Month Average | -2.275 % | £-6,369 | £273,630 |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 24 Nov 2015.
The average size of a house on FALCON LODGE CRESCENT is 90 sq meters (977 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Falcon Lodge Crescent |
| Mar 2024 | Anti-social behaviour | On or near Falcon Lodge Crescent | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Falcon Lodge Crescent |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Falcon Lodge Crescent |
| Mar 2024 | Other crime | Under investigation | On or near Falcon Lodge Crescent |