£161,595
This estimated value is based upon the latest sale price for the house of £132,500 on 29 Mar 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £132,500 | 29 Mar 2019 |
| £103,000 | 16 Sep 2005 |
| £43,500 | 24 Apr 2001 |
| £42,000 | 9 Dec 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 March 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.959%.Applying this 21.959% change to the original purchase price of £132,500 results in an estimated price of approximately £161,595.
| 29 Mar 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.959 % | £132,500 | £29,095 | £161,595 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | -10.119 % | £-13,407 | £119,092 |
| 3 Month Average | 26.049 % | £34,514 | £167,014 |
| 6 Month Average | 44.275 % | £58,664 | £191,164 |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 23 Jan 2019.
The average size of a house on COLES LANE is 85 sq meters (922 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Coles Lane |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Mostyn Crescent |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hereford Place |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bedford Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bedford Road |