£242,370
This estimated value is based upon the latest sale price for the house of £192,000 on 19 Sep 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£192,000 | 19 Sep 2017 |
Semi-Detached |
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 September 2017 the House Price Index for WEST MIDLANDS was 117.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 26.235%.Applying this 26.235% change to the original purchase price of £192,000 results in an estimated price of approximately £242,370.
19 Sep 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 148.0 | 26.235 % | £192,000 | £50,370 | £242,370 |
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 | 22.185 % | £42,595 | £234,595 |
3 Month Average | 19.890 % | £38,188 | £230,188 |
6 Month Average | 35.232 % | £67,645 | £259,645 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £120,407 | £120,000 | 20 NEW ENGLAND |
24 Nov 2023 | £303,901 | £300,000 | 205 LONG LANE |
4 Jul 2023 | £213,015 | £211,000 | 187 LONG LANE |
24 Mar 2023 | £75,408 | £75,000 | FLAT 7 MANSION COURT LONG LANE |
11 Jul 2022 | £289,609 | £290,000 | 231A LONG LANE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 18 Jul 2017. Using an estimated price of £242,371 means this house is valued at £3,029 per sq meter (£281 per sq foot).
The average size of a house on LONG LANE is 89 sq meters (963 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Investigation complete; no suspect identified | On or near New England |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New England |
Feb 2024 | Anti-social behaviour | On or near New England | |
Feb 2024 | Anti-social behaviour | On or near New England | |
Feb 2024 | Anti-social behaviour | On or near New England |