£142,196
This estimated value is based upon the latest sale price for the house of £83,000 on 12 Apr 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£83,000 | 12 Apr 2011 |
Semi-Detached |
Freehold |
Floor Area: 94 sq meters or 1,020 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 April 2011 the House Price Index for WEST MIDLANDS was 86.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.321%.Applying this 71.321% change to the original purchase price of £83,000 results in an estimated price of approximately £142,196.
12 Apr 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.7 | 148.6 | 71.321 % | £83,000 | £59,196 | £142,196 |
The Postcode Pricing Model uses changes in average sales price within the B65 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 | 66.408 % | £55,118 | £138,118 |
3 Month Average | 70.344 % | £58,385 | £141,385 |
6 Month Average | 77.539 % | £64,356 | £147,356 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Sep 2023 | £354,533 | £350,000 | 28 MISSION CLOSE |
6 Sep 2023 | £194,487 | £192,000 | 70 POWKE LANE |
4 Aug 2023 | £317,780 | £315,000 | 36 MISSION CLOSE |
20 Jul 2023 | £273,683 | £270,000 | 53 HIGGS FIELD CRESCENT |
16 Sep 2022 | £320,413 | £323,000 | 96 HIGGS FIELD CRESCENT |
This house has a floor area of 94 sq meters or 1,020 sq feet when measured on 19 Feb 2011. Using an estimated price of £142,196 means this house is valued at £1,499 per sq meter (£139 per sq foot).
The average size of a house on POWKE LANE is 87 sq meters (941 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Yewtree Lane |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Duke Street |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Powke Lane |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Powke Lane |
Mar 2024 | Burglary | Under investigation | On or near Carnegie Road |