£155,500
This estimated value is based upon the latest sale price for the house of £90,000 on 23 Sep 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £90,000 | 23 Sep 2011 |
| Terraced |
| Leasehold |
| Floor Area: 72 sq meters or 781 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 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.778%.Applying this 72.778% change to the original purchase price of £90,000 results in an estimated price of approximately £155,500.
| 23 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.778 % | £90,000 | £65,500 | £155,500 |
The Postcode Pricing Model uses changes in average sales price within the B32 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 | 25.504 % | £22,953 | £112,953 |
| 3 Month Average | 46.798 % | £42,117 | £132,117 |
| 6 Month Average | 56.191 % | £50,571 | £140,571 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £186,000 | £186,000 | 68 KITWELL LANE |
| 21 Jul 2023 | £187,524 | £185,000 | 40 KITWELL LANE |
| 15 Mar 2023 | £181,712 | £180,000 | 64 KITWELL LANE |
| 11 Nov 2022 | £251,948 | £255,000 | 47 KITWELL LANE |
| 26 Aug 2022 | £224,396 | £225,000 | 204 PINEWOOD DRIVE |
This house has a floor area of 72 sq meters or 781 sq feet when measured on 22 Mar 2011. Using an estimated price of £155,500 means this house is valued at £2,140 per sq meter (£198 per sq foot).
The average size of a house on PINEWOOD DRIVE is 86 sq meters (926 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hillside Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodside Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodside Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Burrington Road |
| Mar 2024 | Other theft | Under investigation | On or near Burrington Road |