£624,343
This estimated value is based upon the latest sale price for the house of £170,000 on 1 Sep 2000. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £170,000 | 1 Sep 2000 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 135 sq meters or 1,463 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 September 2000 the House Price Index for WEST MIDLANDS was 40.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 267.261%.Applying this 267.261% change to the original purchase price of £170,000 results in an estimated price of approximately £624,343.
| 1 Sep 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.5 | 148.6 | 267.261 % | £170,000 | £454,343 | £624,343 |
The Postcode Pricing Model uses changes in average sales price within the WV6 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 | 381.659 % | £648,819 | £818,819 |
| 3 Month Average | 252.626 % | £429,464 | £599,464 |
| 6 Month Average | 254.755 % | £433,083 | £603,083 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £741,487 | £735,000 | 65 YEW TREE LANE |
| 17 Jul 2023 | £430,798 | £425,000 | 64B WOODTHORNE ROAD SOUTH |
| 22 Mar 2023 | £649,115 | £643,000 | 67 YEW TREE LANE |
| 24 Oct 2022 | £469,940 | £475,000 | 109 WOODTHORNE ROAD SOUTH |
| 17 Jun 2022 | £522,382 | £515,000 | 8 WREKIN DRIVE |
This house has a floor area of 135 sq meters or 1,463 sq feet when measured on 13 Sep 2011. Using an estimated price of £624,344 means this house is valued at £4,591 per sq meter (£426 per sq foot).
The average size of a house on YEW TREE LANE is 151 sq meters (1,627 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near The Meadway |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near The Meadway |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near The Meadway |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Turner Grove |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ayrton Close |