£166,706
This estimated value is based upon the latest sale price for the house of £135,000 on 28 Sep 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £135,000 | 28 Sep 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 September 2018 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £135,000 results in an estimated price of approximately £166,706.
| 28 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £135,000 | £31,706 | £166,706 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | 22.976 % | £31,017 | £166,017 |
| 3 Month Average | 1.039 % | £1,402 | £136,402 |
| 6 Month Average | 17.838 % | £24,081 | £159,081 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £202,729 | £200,000 | 68 DEEPMORE AVENUE |
| 7 Mar 2023 | £126,189 | £125,000 | 22 LANE AVENUE |
| 5 Aug 2022 | £209,436 | £210,000 | 70 DEEPMORE AVENUE |
| 26 Jul 2022 | £150,405 | £150,000 | 17 LANESIDE GARDENS |
| 20 Jul 2022 | £189,510 | £189,000 | 69 LANE AVENUE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 7 Jun 2018. Using an estimated price of £166,707 means this house is valued at £2,525 per sq meter (£234 per sq foot).
The average size of a house on LANE AVENUE is 82 sq meters (886 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Lane Avenue |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Lane Avenue |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Deepmore Avenue |
| Mar 2024 | Other theft | Under investigation | On or near Laneside Gardens |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Laneside Gardens |