£296,516
This estimated value is based upon the latest sale price for the house of £240,000 on 28 Jun 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £240,000 | 28 Jun 2019 |
| £86,500 | 19 Nov 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 June 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £240,000 results in an estimated price of approximately £296,516.
| 28 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £240,000 | £56,516 | £296,516 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 10.663 % | £25,590 | £265,590 |
| 3 Month Average | -2.795 % | £-6,707 | £233,292 |
| 6 Month Average | 5.962 % | £14,308 | £254,308 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £167,480 | £165,000 | 25 LANGLEY HALL ROAD |
| 10 Nov 2023 | £172,555 | £170,000 | 208 TAVISTOCK ROAD |
| 2 Jun 2023 | £177,146 | £175,000 | 174 TAVISTOCK ROAD |
| 21 Feb 2023 | £329,778 | £330,000 | 92 LANGLEY HALL ROAD |
| 20 Feb 2023 | £229,845 | £230,000 | 474 GOSPEL LANE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 21 Jan 2019. Using an estimated price of £296,517 means this house is valued at £3,369 per sq meter (£313 per sq foot).
The average size of a house on LANGLEY HALL ROAD is 86 sq meters (934 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langley Hall Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langley Hall Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langley Hall Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Langley Hall Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hornbrook Grove |