£183,344
This estimated value is based upon the latest sale price for the house of £109,950 on 24 Oct 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £109,950 | 24 Oct 2006 |
| £27,000 | 31 Jan 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 October 2006 the House Price Index for WEST MIDLANDS was 88.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 66.753%.Applying this 66.753% change to the original purchase price of £109,950 results in an estimated price of approximately £183,344.
| 24 Oct 2006 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 146.7 | 66.753 % | £109,950 | £73,394 | £183,344 |
The Postcode Pricing Model uses changes in average sales price within the WS4 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 | 1.629 % | £1,791 | £111,741 |
| 3 Month Average | -2.816 % | £-3,096 | £106,853 |
| 6 Month Average | 35.936 % | £39,512 | £149,462 |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 13 Apr 2021.
The average size of a house on LICHFIELD ROAD is 137 sq meters (1,476 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Theft from the person | Unable to prosecute suspect | On or near Hawley Close |
| Mar 2024 | Anti-social behaviour | On or near Hawley Close | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hawley Close |
| Feb 2024 | Anti-social behaviour | On or near Hawley Close | |
| Feb 2024 | Anti-social behaviour | On or near Hawley Close |