£355,989
This estimated value is based upon the latest sale price for the house of £350,000 on 9 May 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £350,000 | 9 May 2023 |
| £287,500 | 3 Mar 2017 |
| £194,550 | 30 Nov 2012 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,011 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 May 2023 the House Price Index for WEST MIDLANDS was 146.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.711%.Applying this 1.711% change to the original purchase price of £350,000 results in an estimated price of approximately £355,989.
| 9 May 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.6 | 1.711 % | £350,000 | £5,989 | £355,989 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | -3.946 % | £-13,810 | £336,189 |
| 3 Month Average | -6.407 % | £-22,423 | £327,576 |
| 6 Month Average | -4.630 % | £-16,206 | £333,793 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jul 2023 | £207,797 | £205,000 | 12 ANSLEY WAY |
| 9 Jun 2023 | £425,150 | £420,000 | 197 DAMSON LANE |
| 31 Jan 2023 | £129,341 | £129,950 | 64 FOREDROVE LANE |
| 19 Apr 2022 | £334,685 | £325,000 | 75 DAMSON LANE |
| 17 Dec 2021 | £354,626 | £331,000 | 169 DAMSON LANE |
This house has a floor area of 93 sq meters or 1,011 sq feet when measured on 28 May 2011.
The average size of a house on DAMSON LANE is 100 sq meters (1,081 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Coppice Road |
| Feb 2024 | Public order | Under investigation | On or near Coppice Road |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Coppice Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Damson Lane |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Foredrove Lane |