£457,719
This estimated value is based upon the latest sale price for the house of £97,500 on 3 Jun 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £97,500 | 3 Jun 1998 |
| £97,500 | 3 Jun 1998 |
| Semi-Detached |
| Leasehold |
| Floor Area: 190 sq meters or 2,045 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 June 1998 the House Price Index for WEST MIDLANDS was 31.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 369.456%.Applying this 369.456% change to the original purchase price of £97,500 results in an estimated price of approximately £457,719.
| 3 Jun 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.7 | 148.6 | 369.456 % | £97,500 | £360,219 | £457,719 |
The Postcode Pricing Model uses changes in average sales price within the WS5 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 | 225.319 % | £219,685 | £317,185 |
| 3 Month Average | 306.926 % | £299,252 | £396,752 |
| 6 Month Average | 291.957 % | £284,657 | £382,157 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £405,181 | £400,000 | 34 ROWAN ROAD |
| 3 Jul 2023 | £354,775 | £350,000 | 36 ROWAN ROAD |
| 30 Jun 2023 | £263,188 | £260,000 | 457 WEST BROMWICH ROAD |
| 31 Jan 2023 | £248,330 | £249,500 | 20 BELL LANE |
| 12 Aug 2022 | £239,356 | £240,000 | 55 BLACKTHORNE ROAD |
This house has a floor area of 190 sq meters or 2,045 sq feet when measured on 10 Aug 2015. Using an estimated price of £457,720 means this house is valued at £2,409 per sq meter (£223 per sq foot).
The average size of a house on BELL LANE is 128 sq meters (1,386 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Sycamore Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Blackthorne Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Blackthorne Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bell Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bell Lane |