£205,327
This estimated value is based upon the latest sale price for the house of £37,000 on 30 Aug 1996. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£37,000 | 30 Aug 1996 |
Terraced |
Freehold |
Floor Area: 104 sq meters or 1,119 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 August 1996 the House Price Index for WEST MIDLANDS was 26.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 454.939%.Applying this 454.939% change to the original purchase price of £37,000 results in an estimated price of approximately £205,327.
30 Aug 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.8 | 148.6 | 454.939 % | £37,000 | £168,327 | £205,327 |
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 | 138.771 % | £51,345 | £88,345 |
3 Month Average | 165.388 % | £61,193 | £98,193 |
6 Month Average | 286.294 % | £105,928 | £142,928 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Jun 2023 | £2,226,976 | £2,200,000 | CHAMBERLIN & HILL CASTINGS LTD CHUCKERY ROAD |
24 Apr 2023 | £116,252 | £115,000 | 44 FLORENCE STREET |
24 Feb 2023 | £173,883 | £174,000 | 39 LUMLEY ROAD |
1 Nov 2021 | £178,450 | £165,000 | 28 LUMLEY ROAD |
16 Jul 2021 | £137,912 | £120,000 | 83 LUMLEY ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 25 Jul 2016. Using an estimated price of £205,327 means this house is valued at £1,974 per sq meter (£183 per sq foot).
The average size of a house on LUMLEY ROAD is 90 sq meters (975 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Florence Street | |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Florence Street |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Florence Street |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Florence Street |
Dec 2023 | Public order | Unable to prosecute suspect | On or near Florence Street |