£272,629
This estimated value is based upon the latest sale price for the house of £219,995 on 30 Jul 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£219,995 | 30 Jul 2018 |
Semi-Detached |
Freehold |
Floor Area: 69 sq meters or 742 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 July 2018 the House Price Index for WEST MIDLANDS was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £219,995 results in an estimated price of approximately £272,629.
30 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.9 | 148.6 | 23.926 % | £219,995 | £52,634 | £272,629 |
The Postcode Pricing Model uses changes in average sales price within the B16 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 | -52.123 % | £-114,667 | £105,327 |
3 Month Average | 48.005 % | £105,609 | £325,604 |
6 Month Average | 57.713 % | £126,966 | £346,961 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jun 2023 | £253,015 | £249,950 | 8 ASHES LANE |
15 Mar 2022 | £244,732 | £236,168 | 11 WICKET DRIVE |
5 Jan 2022 | £389,391 | £370,000 | 6 HALLEWELL ROAD |
25 Jun 2021 | £489,253 | £456,000 | 7 WICKET DRIVE |
18 Jun 2021 | £221,022 | £206,000 | 11 GATE LANE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 26 Jun 2018. Using an estimated price of £272,630 means this house is valued at £3,951 per sq meter (£367 per sq foot).
The average size of a house on GATE LANE is 89 sq meters (960 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gate Lane |
Dec 2023 | Other crime | Investigation complete; no suspect identified | On or near Gate Lane |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wicket Drive |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Bowler Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashes Lane |