£95,873
This estimated value is based upon the latest sale price for the house of £72,000 on 18 Jul 2016. 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 Hargate Lane
More crime details
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| Price Paid | Date |
|---|---|
| £72,000 | 18 Jul 2016 |
| £91,000 | 17 Mar 2006 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 July 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £72,000 results in an estimated price of approximately £95,873.
| 18 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £72,000 | £23,873 | £95,873 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | 10.693 % | £7,698 | £79,698 |
| 3 Month Average | 48.070 % | £34,610 | £106,610 |
| 6 Month Average | 63.586 % | £45,781 | £117,781 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £178,116 | £175,000 | 62 BERNARD STREET |
| 22 Sep 2023 | £243,108 | £240,000 | 1 JAMES EATON CLOSE |
| 18 Aug 2023 | £192,686 | £191,000 | 31 NELSON STREET |
| 27 May 2022 | £71,344 | £70,000 | 15 BERNARD STREET |
| 1 Apr 2022 | £226,556 | £220,000 | 28 JAMES EATON CLOSE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 4 Apr 2016. Using an estimated price of £95,873 means this house is valued at £1,198 per sq meter (£111 per sq foot).
The average size of a house on HARGATE LANE is 86 sq meters (931 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Local resolution | On or near Hargate Lane |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hargate Lane |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hargate Lane |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hargate Lane |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Hargate Lane |