£231,870
This estimated value is based upon the latest sale price for the house of £127,000 on 8 May 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Gospel Lane
More crime details
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| Price Paid | Date |
|---|---|
| £127,000 | 8 May 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 May 2009 the House Price Index for WEST MIDLANDS was 80.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 82.576%.Applying this 82.576% change to the original purchase price of £127,000 results in an estimated price of approximately £231,870.
| 8 May 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 146.7 | 82.576 % | £127,000 | £104,870 | £231,870 |
The Postcode Pricing Model uses changes in average sales price within the B27 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 | 136.954 % | £173,931 | £300,931 |
| 3 Month Average | 99.017 % | £125,751 | £252,751 |
| 6 Month Average | 73.069 % | £92,797 | £219,797 |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 26 Jul 2018.
The average size of a house on GOSPEL LANE is 78 sq meters (841 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Under investigation | On or near Gospel Lane |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gospel Lane |
| Mar 2024 | Burglary | Under investigation | On or near Gospel Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gospel Lane |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Gospel Lane |