£200,384
This estimated value is based upon the latest sale price for the house of £109,950 on 7 Oct 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £109,950 | 7 Oct 2005 |
| £32,000 | 28 Aug 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 2005 the House Price Index for WEST MIDLANDS was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.250%.Applying this 82.250% change to the original purchase price of £109,950 results in an estimated price of approximately £200,384.
| 7 Oct 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.6 | 82.250 % | £109,950 | £90,434 | £200,384 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | 26.574 % | £29,218 | £139,168 |
| 3 Month Average | 27.291 % | £30,006 | £139,956 |
| 6 Month Average | 41.049 % | £45,133 | £155,083 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2023 | £232,820 | £230,000 | 297 WOLVERHAMPTON ROAD |
| 7 Mar 2023 | £126,189 | £125,000 | 22 LANE AVENUE |
| 10 Feb 2023 | £164,889 | £165,000 | 263 WOLVERHAMPTON ROAD |
| 26 Jul 2022 | £150,405 | £150,000 | 17 LANESIDE GARDENS |
| 20 Jul 2022 | £189,510 | £189,000 | 69 LANE AVENUE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 24 Mar 2017. Using an estimated price of £200,384 means this house is valued at £2,946 per sq meter (£273 per sq foot).
The average size of a house on LANE AVENUE is 82 sq meters (886 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Laneside Gardens |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Laneside Gardens |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Laneside Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |