£329,708
This estimated value is based upon the latest sale price for the house of £224,750 on 30 Jan 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £224,750 | 30 Jan 2015 |
| Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 January 2015 the House Price Index for WEST MIDLANDS was 100.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 46.700%.Applying this 46.700% change to the original purchase price of £224,750 results in an estimated price of approximately £329,708.
| 30 Jan 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 146.7 | 46.700 % | £224,750 | £104,958 | £329,708 |
The Postcode Pricing Model uses changes in average sales price within the DY4 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 | 59.691 % | £134,154 | £358,904 |
| 3 Month Average | 18.361 % | £41,266 | £266,016 |
| 6 Month Average | 29.780 % | £66,929 | £291,679 |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 17 Feb 2014.
The average size of a house on LOWER CHURCH LANE is 86 sq meters (927 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Far High Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Far High Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Jordan Leys |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Far High Drive |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parish Drive |