£597,150
This estimated value is based upon the latest sale price for the house of £600,000 on 9 Mar 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £600,000 | 9 Mar 2023 |
| £414,000 | 4 May 2017 |
| £145,000 | 25 Jun 1998 |
| Detached |
| Freehold |
| Floor Area: 153 sq meters or 1,646 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 March 2023 the House Price Index for WEST MIDLANDS was 147.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.475%.Applying this -0.475% change to the original purchase price of £600,000 results in an estimated price of approximately £597,150.
| 9 Mar 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 146.7 | -0.475 % | £600,000 | £-2,849 | £597,150 |
The Postcode Pricing Model uses changes in average sales price within the B74 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 | -12.706 % | £-76,234 | £523,765 |
| 3 Month Average | -21.588 % | £-129,529 | £470,470 |
| 6 Month Average | -10.661 % | £-63,964 | £536,035 |
This house has a floor area of 153 sq meters or 1,646 sq feet when measured on 17 Mar 2014.
The average size of a house on CROWN LANE is 149 sq meters (1,610 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Crown Lane |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Crown Lane |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Waters Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Woodside |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Mellor Drive |