£149,208
This estimated value is based upon the latest sale price for the house of £87,000 on 29 Feb 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £87,000 | 29 Feb 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 35 sq meters or 386 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 February 2012 the House Price Index for WEST MIDLANDS was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.505%.Applying this 71.505% change to the original purchase price of £87,000 results in an estimated price of approximately £149,208.
| 29 Feb 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.505 % | £87,000 | £62,208 | £149,208 |
The Postcode Pricing Model uses changes in average sales price within the B5 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 | -18.797 % | £-16,353 | £70,646 |
| 3 Month Average | 22.336 % | £19,432 | £106,432 |
| 6 Month Average | 41.452 % | £36,063 | £123,063 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £100,951 | £100,000 | APARTMENT 704 2 MASSHOUSE PLAZA |
| 10 Mar 2023 | £112,056 | £111,000 | APARTMENT 506 7 MASSHOUSE PLAZA |
| 18 Dec 2020 | £215,770 | £188,000 | APARTMENT 712 7 MASSHOUSE PLAZA |
| 22 Jun 2020 | £277,020 | £228,750 | APARTMENT 1402 2 MASSHOUSE PLAZA |
| 17 Jun 2020 | £193,762 | £160,000 | APARTMENT 1001 7 MASSHOUSE PLAZA |
This house has a floor area of 35 sq meters or 386 sq feet when measured on 12 Jan 2011. Using an estimated price of £149,209 means this house is valued at £4,156 per sq meter (£386 per sq foot).
The average size of a house on MASSHOUSE PLAZA is 52 sq meters (570 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Masshouse Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Masshouse Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Masshouse Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Masshouse Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Masshouse Lane |