£253,521
This estimated value is based upon the latest sale price for the house of £195,000 on 3 Feb 2017. 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 Colley Lane
More crime details
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| Price Paid | Date |
|---|---|
| £195,000 | 3 Feb 2017 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 February 2017 the House Price Index for WEST MIDLANDS was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £195,000 results in an estimated price of approximately £253,521.
| 3 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £195,000 | £58,521 | £253,521 |
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 | 49.942 % | £97,386 | £292,386 |
| 3 Month Average | 9.432 % | £18,392 | £213,392 |
| 6 Month Average | 26.761 % | £52,183 | £247,183 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £164,098 | £162,000 | 55 MAPLE TREE LANE |
| 1 Sep 2023 | £151,943 | £150,000 | 7 LADYSMITH ROAD |
| 28 Jun 2023 | £359,353 | £355,000 | 40 COLLEY LANE |
| 28 Mar 2023 | £181,712 | £180,000 | 29 LADYSMITH ROAD |
| 6 Mar 2023 | £120,132 | £119,000 | 28 LADYSMITH ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 9 Feb 2017. Using an estimated price of £253,521 means this house is valued at £2,726 per sq meter (£253 per sq foot).
The average size of a house on MAPLE TREE LANE is 86 sq meters (930 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Colley Lane |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Colley Lane |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Colley Lane |
| Dec 2023 | Burglary | Unable to prosecute suspect | On or near Colley Lane |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |