£131,079
This estimated value is based upon the latest sale price for the house of £120,000 on 15 Oct 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Burney Lane
More crime details
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| Price Paid | Date |
|---|---|
| £120,000 | 15 Oct 2021 |
| £107,000 | 16 Dec 2016 |
| £95,000 | 20 Oct 2016 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2021 the House Price Index for WEST MIDLANDS was 134.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 9.233%.Applying this 9.233% change to the original purchase price of £120,000 results in an estimated price of approximately £131,079.
| 15 Oct 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 146.7 | 9.233 % | £120,000 | £11,079 | £131,079 |
The Postcode Pricing Model uses changes in average sales price within the B8 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 | 57.098 % | £68,517 | £188,517 |
| 3 Month Average | -16.505 % | £-19,806 | £100,193 |
| 6 Month Average | -5.499 % | £-6,599 | £113,400 |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 21 Apr 2016.
The average size of a house on BURNEY LANE is 96 sq meters (1,037 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Burney Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burney Lane |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Burney Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Burney Lane |
| Mar 2024 | Burglary | Under investigation | On or near Burney Lane |