£509,680
This estimated value is based upon the latest sale price for the house of £212,750 on 10 Apr 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Regent Parade
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Price Paid | Date |
---|---|
£212,750 | 10 Apr 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 678 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 April 2003 the House Price Index for WEST MIDLANDS was 62.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 139.568%.Applying this 139.568% change to the original purchase price of £212,750 results in an estimated price of approximately £509,680.
10 Apr 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
62.0 | 148.6 | 139.568 % | £212,750 | £296,930 | £509,680 |
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 | 7.396 % | £15,734 | £228,484 |
3 Month Average | 43.530 % | £92,609 | £305,359 |
6 Month Average | 58.641 % | £124,759 | £337,509 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Feb 2023 | £244,835 | £245,000 | FLAT 98 HERITAGE COURT, 15 WARSTONE LANE |
22 Nov 2021 | £297,416 | £275,000 | FLAT 102 HERITAGE COURT, 15 WARSTONE LANE |
9 Jul 2021 | £275,824 | £240,000 | FLAT 26 HERITAGE COURT, 15 WARSTONE LANE |
19 Nov 2020 | £347,806 | £300,000 | FLAT 109 HERITAGE COURT, 15 WARSTONE LANE |
9 Sep 2020 | £279,628 | £235,500 | FLAT 25 HERITAGE COURT, 15 WARSTONE LANE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 10 Oct 2014. Using an estimated price of £509,681 means this house is valued at £8,090 per sq meter (£751 per sq foot).
The average size of a house on WARSTONE LANE is 75 sq meters (813 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Regent Parade | |
Feb 2024 | Anti-social behaviour | On or near Regent Parade | |
Feb 2024 | Other theft | Under investigation | On or near Regent Parade |
Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Regent Parade |
Jan 2024 | Burglary | Unable to prosecute suspect | On or near Regent Parade |