£184,671
This estimated value is based upon the latest sale price for the house of £124,950 on 24 Oct 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £124,950 | 24 Oct 2014 |
| £134,995 | 27 Jul 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 2014 the House Price Index for WEST MIDLANDS was 99.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 47.796%.Applying this 47.796% change to the original purchase price of £124,950 results in an estimated price of approximately £184,671.
| 24 Oct 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 146.7 | 47.796 % | £124,950 | £59,721 | £184,671 |
The Postcode Pricing Model uses changes in average sales price within the WS4 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 | -27.669 % | £-34,572 | £90,377 |
| 3 Month Average | -15.289 % | £-19,104 | £105,845 |
| 6 Month Average | 24.109 % | £30,124 | £155,074 |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 15 Nov 2013.
The average size of a house on SPRING LANE is 89 sq meters (960 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Shoplifting | Unable to prosecute suspect | On or near Spring Lane |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Spring Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spring Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spring Close |
| Mar 2024 | Anti-social behaviour | On or near Spring Close |