£387,950
This estimated value is based upon the latest sale price for the house of £249,950 on 18 Dec 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £249,950 | 18 Dec 2007 |
| £160,000 | 22 Oct 2004 |
| £87,200 | 2 Oct 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 December 2007 the House Price Index for WEST MIDLANDS was 95.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.211%.Applying this 55.211% change to the original purchase price of £249,950 results in an estimated price of approximately £387,950.
| 18 Dec 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 148.6 | 55.211 % | £249,950 | £138,000 | £387,950 |
The Postcode Pricing Model uses changes in average sales price within the B28 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 | 29.426 % | £73,549 | £323,499 |
| 3 Month Average | 23.387 % | £58,456 | £308,406 |
| 6 Month Average | 57.059 % | £142,620 | £392,570 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £105,563 | £104,000 | APARTMENT 1 GRACEWELL COURT, 1520 STRATFORD ROAD |
| 17 Nov 2023 | £75,112 | £74,000 | 2 BURNHAM MEADOW |
| 15 Sep 2023 | £273,497 | £270,000 | 27 SOLIHULL LANE |
| 22 Aug 2023 | £131,097 | £129,950 | 12 BURNHAM MEADOW |
| 6 Apr 2023 | £263,335 | £260,500 | 25 BURNHAM MEADOW |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 22 Oct 2015. Using an estimated price of £387,950 means this house is valued at £4,263 per sq meter (£396 per sq foot).
The average size of a house on SOLIHULL LANE is 105 sq meters (1,139 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Loxleys |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Loxleys |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Burnham Meadow |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burnham Meadow |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Burnham Meadow |