£323,011
This estimated value is based upon the latest sale price for the house of £62,500 on 18 Mar 1997. 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 Tara Lane
More crime details
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| Price Paid | Date |
|---|---|
| £62,500 | 18 Mar 1997 |
| Semi-Detached |
| Leasehold |
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 March 1997 the House Price Index for WEST MIDLANDS was 28.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 416.819%.Applying this 416.819% change to the original purchase price of £62,500 results in an estimated price of approximately £323,011.
| 18 Mar 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.4 | 146.7 | 416.819 % | £62,500 | £260,511 | £323,011 |
The Postcode Pricing Model uses changes in average sales price within the B21 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 | 478.503 % | £299,064 | £361,564 |
| 3 Month Average | 389.074 % | £243,171 | £305,671 |
| 6 Month Average | 512.245 % | £320,153 | £382,653 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Tara Lane |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Tara Lane |
| Mar 2024 | Criminal damage and arson | Awaiting court outcome | On or near Tara Lane |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Tara Lane |
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Tara Lane |