£327,809
This estimated value is based upon the latest sale price for the house of £78,950 on 14 Sep 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £78,950 | 14 Sep 1999 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 September 1999 the House Price Index for WEST MIDLANDS was 35.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 315.211%.Applying this 315.211% change to the original purchase price of £78,950 results in an estimated price of approximately £327,809.
| 14 Sep 1999 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.3 | 146.7 | 315.211 % | £78,950 | £248,859 | £327,809 |
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 | 419.504 % | £331,198 | £410,148 |
| 3 Month Average | 287.678 % | £227,121 | £306,071 |
| 6 Month Average | 345.048 % | £272,415 | £351,365 |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 16 Sep 2013.
The average size of a house on FORDROUGH LANE is 90 sq meters (975 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Bell Close |
| Mar 2024 | Anti-social behaviour | On or near Fordrough Lane | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Fordrough Lane |
| Mar 2024 | Burglary | Under investigation | On or near Priorygate Way |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Priorygate Way |