£179,982
This estimated value is based upon the latest sale price for the house of £110,000 on 10 Oct 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£110,000 | 10 Oct 2013 |
£165,000 | 18 Oct 2007 |
Detached |
Freehold |
Floor Area: 57 sq meters or 613 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 2013 the House Price Index for WEST MIDLANDS was 90.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 63.621%.Applying this 63.621% change to the original purchase price of £110,000 results in an estimated price of approximately £179,982.
10 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.8 | 148.6 | 63.621 % | £110,000 | £69,982 | £179,982 |
The Postcode Pricing Model uses changes in average sales price within the WS5 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 | 22.028 % | £24,230 | £134,230 |
3 Month Average | 45.740 % | £50,313 | £160,313 |
6 Month Average | 38.088 % | £41,896 | £151,896 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £358,269 | £352,000 | 396 BIRMINGHAM ROAD |
28 Jul 2023 | £153,060 | £151,000 | 28 PARK HALL CLOSE |
31 May 2022 | £353,664 | £347,000 | 38 LONSDALE ROAD |
30 May 2022 | £139,631 | £137,000 | 4 PARK HALL CLOSE |
14 Jan 2022 | £328,351 | £312,000 | 25 LONSDALE ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 10 Oct 2012. Using an estimated price of £179,983 means this house is valued at £3,157 per sq meter (£293 per sq foot).
The average size of a house on PARK HALL CLOSE is 82 sq meters (888 sq feet).
This house is the smallest in the street with a floor area of 57 sq meters (613 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Park Hall Close |
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Park Hall Close |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Park Hall Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Flinkford Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Flinkford Close |