£332,740
This estimated value is based upon the latest sale price for the house of £277,500 on 14 Aug 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near The Meadows
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| Price Paid | Date |
|---|---|
| £277,500 | 14 Aug 2020 |
| £240,000 | 12 Apr 2019 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 August 2020 the House Price Index for WEST MIDLANDS was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £277,500 results in an estimated price of approximately £332,740.
| 14 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £277,500 | £55,240 | £332,740 |
The Postcode Pricing Model uses changes in average sales price within the WS9 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 | -57.068 % | £-158,363 | £119,136 |
| 3 Month Average | 1.666 % | £4,622 | £282,122 |
| 6 Month Average | 10.263 % | £28,479 | £305,979 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £361,322 | £355,000 | 44 LINLEY WOOD ROAD |
| 27 Jan 2023 | £320,988 | £322,500 | 139 BOSTY LANE |
| 9 May 2022 | £346,529 | £340,000 | 7 THE MEADOWS |
| 25 Apr 2022 | £401,622 | £390,000 | 16 THE LEASOW |
| 31 Mar 2022 | £373,054 | £360,000 | UNIT 3 ALDRIDGE FIELDS BUSINESS PARK MIDDLEMORE LANE WEST |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 1 Aug 2018. Using an estimated price of £332,741 means this house is valued at £3,577 per sq meter (£332 per sq foot).
The average size of a house on BOSTY LANE is 114 sq meters (1,234 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near The Meadows |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near The Meadows |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Linley Wood Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Linley Wood Road |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near The Leasow |