£116,134
This estimated value is based upon the latest sale price for the house of £59,500 on 3 Jun 2004. 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 Springfield Lane
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| Price Paid | Date |
|---|---|
| £59,500 | 3 Jun 2004 |
| £43,000 | 5 Dec 2003 |
| £34,950 | 21 Feb 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 June 2004 the House Price Index for WEST MIDLANDS was 75.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 95.184%.Applying this 95.184% change to the original purchase price of £59,500 results in an estimated price of approximately £116,134.
| 3 Jun 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 146.7 | 95.184 % | £59,500 | £56,634 | £116,134 |
The Postcode Pricing Model uses changes in average sales price within the B65 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 | 59.544 % | £35,428 | £94,928 |
| 3 Month Average | 99.074 % | £58,949 | £118,449 |
| 6 Month Average | 105.231 % | £62,612 | £122,112 |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 7 Mar 2013.
The average size of a house on OLD BRIDGE WALK is 83 sq meters (897 sq feet).
This house is the smallest in the street with a floor area of 44 sq meters (473 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Springfield Lane |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Springfield Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Springfield Lane |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park/Open Space |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park/Open Space |