£160,015
This estimated value is based upon the latest sale price for the house of £101,500 on 3 May 2007. 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 Further/Higher Educational Building
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| Price Paid | Date |
|---|---|
| £101,500 | 3 May 2007 |
| £67,000 | 20 Dec 2002 |
| £49,950 | 26 Nov 1999 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 May 2007 the House Price Index for WEST MIDLANDS was 93.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 57.651%.Applying this 57.651% change to the original purchase price of £101,500 results in an estimated price of approximately £160,015.
| 3 May 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 146.7 | 57.651 % | £101,500 | £58,515 | £160,015 |
The Postcode Pricing Model uses changes in average sales price within the B9 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 | 103.008 % | £104,553 | £206,053 |
| 3 Month Average | 54.952 % | £55,776 | £157,276 |
| 6 Month Average | 73.440 % | £74,541 | £176,041 |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 16 Jul 2013.
The average size of a house on FORDROUGH LANE is 90 sq meters (975 sq feet).
This house is the smallest in the street with a floor area of 57 sq meters (613 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Further/Higher Educational Building |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |
| Feb 2024 | Burglary | Under investigation | On or near Further/Higher Educational Building |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Further/Higher Educational Building |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Further/Higher Educational Building |