£178,919
This estimated value is based upon the latest sale price for the house of £98,000 on 3 May 2005. 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 Springfield Lane
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| Price Paid | Date |
|---|---|
| £98,000 | 3 May 2005 |
| £57,950 | 14 Dec 2001 |
| £23,200 | 23 Oct 1995 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2005 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 82.571%.Applying this 82.571% change to the original purchase price of £98,000 results in an estimated price of approximately £178,919.
| 3 May 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 146.7 | 82.571 % | £98,000 | £80,919 | £178,919 |
The Postcode Pricing Model uses changes in average sales price within the B65 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 | 44.559 % | £43,667 | £141,667 |
| 3 Month Average | 68.065 % | £66,703 | £164,703 |
| 6 Month Average | 77.670 % | £76,116 | £174,116 |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 14 Nov 2013.
The average size of a house on SPRINGFIELD LANE is 92 sq meters (992 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Springfield Lane |
| Mar 2024 | Anti-social behaviour | On or near Thistlegreen Close | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thistlegreen Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Springfield Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Springfield Lane |