£181,171
This estimated value is based upon the latest sale price for the house of £145,000 on 9 Feb 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £145,000 | 9 Feb 2018 |
| £49,000 | 16 Feb 1996 |
| Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 February 2018 the House Price Index for WEST MIDLANDS was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £145,000 results in an estimated price of approximately £181,171.
| 9 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.6 | 24.946 % | £145,000 | £36,171 | £181,171 |
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 | -28.767 % | £-41,711 | £103,288 |
| 3 Month Average | 17.248 % | £25,010 | £170,010 |
| 6 Month Average | 34.359 % | £49,820 | £194,820 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2022 | £159,570 | £160,000 | 4 DENBIGH DRIVE |
| 6 Apr 2022 | £48,401 | £47,000 | 2 NEW STREET |
| 5 Apr 2022 | £200,811 | £195,000 | 2 KIMBLEY RISE |
| 16 Mar 2022 | £222,796 | £215,000 | 33 HILL TOP |
| 19 Nov 2020 | £214,480 | £185,000 | 32 TROTTERS LANE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 26 Aug 2020. Using an estimated price of £181,172 means this house is valued at £2,322 per sq meter (£215 per sq foot).
The average size of a house on TROTTERS LANE is 99 sq meters (1,073 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A4196 |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near A4196 |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A4196 |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trotter'S Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trotter'S Lane |