£339,722
This estimated value is based upon the latest sale price for the house of £275,000 on 31 Jan 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £275,000 | 31 Jan 2019 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 January 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £275,000 results in an estimated price of approximately £339,722.
| 31 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £275,000 | £64,722 | £339,722 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 7.471 % | £20,546 | £295,546 |
| 3 Month Average | -0.340 % | £-936 | £274,063 |
| 6 Month Average | 9.523 % | £26,188 | £301,188 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2023 | £201,902 | £200,000 | 108 MENDIP ROAD |
| 27 May 2022 | £165,111 | £162,000 | 2 WAUGH DRIVE |
| 13 May 2022 | £417,874 | £410,000 | 6 THE LAWLEY |
| 11 Feb 2022 | £283,148 | £270,000 | 8 PURBECK CLOSE |
| 6 Sep 2021 | £269,398 | £250,000 | 81 MENDIP ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 20 Oct 2017. Using an estimated price of £339,723 means this house is valued at £3,397 per sq meter (£315 per sq foot).
The average size of a house on THE LAWLEY is 116 sq meters (1,256 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Waugh Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Birley Grove |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Birley Grove |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Birley Grove |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mendip Road |