£298,427
This estimated value is based upon the latest sale price for the house of £246,000 on 3 Oct 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£246,000 | 3 Oct 2019 |
£208,500 | 23 Sep 2016 |
£164,500 | 31 Oct 2014 |
£167,500 | 8 Nov 2005 |
£124,950 | 8 Dec 1999 |
£60,365 | 22 Jun 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 51 sq meters or 548 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 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 21.312%.Applying this 21.312% change to the original purchase price of £246,000 results in an estimated price of approximately £298,427.
3 Oct 2019 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 147.0 | 21.312 % | £246,000 | £52,427 | £298,427 |
The Postcode Pricing Model uses changes in average sales price within the B3 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 | -72.475 % | £-178,289 | £67,710 |
3 Month Average | -37.845 % | £-93,099 | £152,900 |
6 Month Average | -28.800 % | £-70,847 | £175,152 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £297,837 | £295,000 | APARTMENT 33 MAXIM 28, 21 LIONEL STREET |
30 Nov 2023 | £1,175,203 | £1,180,000 | 34 - 35 LUDGATE HILL |
10 Jul 2023 | £232,184 | £232,500 | APARTMENT 9 MAXIM 28, 21 LIONEL STREET |
30 Jun 2023 | £274,440 | £275,000 | APARTMENT 28 MAXIM 28, 21 LIONEL STREET |
23 Jun 2023 | £264,460 | £265,000 | APARTMENT 15 MAXIM 28, 21 LIONEL STREET |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 1 Oct 2012. Using an estimated price of £298,427 means this house is valued at £5,851 per sq meter (£543 per sq foot).
The average size of a house on LUDGATE HILL is 82 sq meters (885 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Under investigation | On or near Ludgate Hill |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Ludgate Hill |
Nov 2023 | Other theft | Investigation complete; no suspect identified | On or near Ludgate Hill |
Nov 2023 | Other theft | Under investigation | On or near Ludgate Hill |
Nov 2023 | Other theft | Investigation complete; no suspect identified | On or near Ludgate Hill |