£177,256
This estimated value is based upon the latest sale price for the house of £141,000 on 21 Dec 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£141,000 | 21 Dec 2017 |
£105,000 | 2 May 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 36 sq meters or 387 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 2017 the House Price Index for WEST MIDLANDS was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £141,000 results in an estimated price of approximately £177,256.
21 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 148.6 | 25.714 % | £141,000 | £36,256 | £177,256 |
The Postcode Pricing Model uses changes in average sales price within the B18 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 | 22.609 % | £31,879 | £172,879 |
3 Month Average | -9.319 % | £-13,139 | £127,860 |
6 Month Average | -9.276 % | £-13,079 | £127,920 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Nov 2022 | £88,923 | £90,000 | APARTMENT 15 BUTTONBOX, 116 WARSTONE LANE |
14 Oct 2022 | £225,077 | £227,500 | 8 METALWORKS APARTMENTS, 93 WARSTONE LANE |
8 Sep 2022 | £218,238 | £220,000 | 31 METALWORKS APARTMENTS, 93 WARSTONE LANE |
29 Jul 2022 | £190,513 | £190,000 | 37 METALWORKS APARTMENTS, 93 WARSTONE LANE |
7 Feb 2022 | £169,889 | £162,000 | FLAT 4 THE MINORIES, 157B WARSTONE LANE |
This house has a floor area of 36 sq meters or 387 sq feet when measured on 8 May 2018. Using an estimated price of £177,257 means this house is valued at £4,923 per sq meter (£457 per sq foot).
The average size of a house on WARSTONE LANE is 75 sq meters (813 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Unable to prosecute suspect | On or near Pemberton Street |
Mar 2024 | Other theft | Unable to prosecute suspect | On or near Carver Street |
Mar 2024 | Other theft | Under investigation | On or near Carver Street |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carver Street |
Mar 2024 | Burglary | Under investigation | On or near Carver Street |