£278,358
This estimated value is based upon the latest sale price for the house of £285,000 on 31 Oct 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near The Friars
More crime details
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| Price Paid | Date |
|---|---|
| £285,000 | 31 Oct 2022 |
| £90,000 | 17 May 1999 |
| Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 October 2022 the House Price Index for WEST MIDLANDS was 150.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -2.330%.Applying this -2.330% change to the original purchase price of £285,000 results in an estimated price of approximately £278,358.
| 31 Oct 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 146.7 | -2.330 % | £285,000 | £-6,641 | £278,358 |
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 | -27.418 % | £-78,142 | £206,857 |
| 3 Month Average | -14.807 % | £-42,199 | £242,800 |
| 6 Month Average | 4.666 % | £13,296 | £298,296 |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 18 Apr 2015.
The average size of a house on WEBB LANE is 111 sq meters (1,197 sq feet).
This house is the smallest in the street with a floor area of 67 sq meters (721 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near The Friars |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near The Friars |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near The Friars |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near The Friars |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Friars |