£172,690
This estimated value is based upon the latest sale price for the house of £102,000 on 12 Nov 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Further/Higher Educational Building
More crime details
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| Price Paid | Date |
|---|---|
| £102,000 | 12 Nov 2010 |
| £120,000 | 21 Mar 2007 |
| £48,000 | 5 Nov 2001 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 November 2010 the House Price Index for WEST MIDLANDS was 86.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.305%.Applying this 69.305% change to the original purchase price of £102,000 results in an estimated price of approximately £172,690.
| 12 Nov 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 146.7 | 69.305 % | £102,000 | £70,690 | £172,690 |
The Postcode Pricing Model uses changes in average sales price within the B9 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 | 105.686 % | £107,799 | £209,799 |
| 3 Month Average | 57.329 % | £58,475 | £160,475 |
| 6 Month Average | 78.671 % | £80,244 | £182,244 |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 24 Oct 2016.
The average size of a house on FORDROUGH LANE is 90 sq meters (975 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Further/Higher Educational Building |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |
| Feb 2024 | Burglary | Under investigation | On or near Further/Higher Educational Building |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Further/Higher Educational Building |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Further/Higher Educational Building |