£105,484
This estimated value is based upon the latest sale price for the house of £86,500 on 28 Feb 2019. 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 Narrow Lane
More crime details
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| Price Paid | Date |
|---|---|
| £86,500 | 28 Feb 2019 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 February 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.947%.Applying this 21.947% change to the original purchase price of £86,500 results in an estimated price of approximately £105,484.
| 28 Feb 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.947 % | £86,500 | £18,984 | £105,484 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | 19.414 % | £16,793 | £103,293 |
| 3 Month Average | 14.925 % | £12,909 | £99,409 |
| 6 Month Average | 24.869 % | £21,511 | £108,011 |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 1 Nov 2018.
The average size of a house on NARROW LANE is 98 sq meters (1,064 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Narrow Lane |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Narrow Lane |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Garland Crescent |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Garland Crescent |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Firth Park Crescent |