£230,282
This estimated value is based upon the latest sale price for the house of £71,000 on 5 Oct 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £71,000 | 5 Oct 2001 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 October 2001 the House Price Index for WEST MIDLANDS was 45.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 224.341%.Applying this 224.341% change to the original purchase price of £71,000 results in an estimated price of approximately £230,282.
| 5 Oct 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.8 | 148.6 | 224.341 % | £71,000 | £159,282 | £230,282 |
The Postcode Pricing Model uses changes in average sales price within the CV1 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 | 658.191 % | £467,315 | £538,315 |
| 3 Month Average | 256.349 % | £182,007 | £253,007 |
| 6 Month Average | 227.027 % | £161,189 | £232,189 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £314,229 | £310,000 | 16 GLOUCESTER STREET |
| 7 Jul 2023 | £101,364 | £100,000 | FLAT 1 COMPASS COURT NORFOLK STREET |
| 30 Jun 2023 | £265,719 | £262,500 | 19 MELVILLE ROAD |
| 23 Jan 2023 | £139,344 | £140,000 | FLAT 3 COMPASS COURT NORFOLK STREET |
| 14 Oct 2022 | £69,254 | £70,000 | FLAT 18 COMPASS COURT NORFOLK STREET |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 15 Jan 2015. Using an estimated price of £230,282 means this house is valued at £2,349 per sq meter (£218 per sq foot).
The average size of a house on BARRAS LANE is 149 sq meters (1,609 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Norfolk Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norfolk Street |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Norfolk Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norfolk Street |
| Feb 2024 | Anti-social behaviour | On or near Norfolk Street |