£171,060
This estimated value is based upon the latest sale price for the house of £98,000 on 19 May 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £98,000 | 19 May 2006 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 2006 the House Price Index for WEST MIDLANDS was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.552%.Applying this 74.552% change to the original purchase price of £98,000 results in an estimated price of approximately £171,060.
| 19 May 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.552 % | £98,000 | £73,060 | £171,060 |
The Postcode Pricing Model uses changes in average sales price within the B32 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 | 6.241 % | £6,115 | £104,115 |
| 3 Month Average | 38.014 % | £37,253 | £135,253 |
| 6 Month Average | 48.228 % | £47,263 | £145,263 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £239,396 | £237,302 | 308 STONEHOUSE LANE |
| 17 Apr 2023 | £178,927 | £177,000 | 52 SIMMONS LEASOW |
| 2 Feb 2023 | £214,855 | £215,000 | 3 SIMMONS LEASOW |
| 23 Jan 2023 | £236,884 | £238,000 | 340 STONEHOUSE LANE |
| 30 Nov 2022 | £256,888 | £260,000 | 354 STONEHOUSE LANE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 2 Apr 2014. Using an estimated price of £171,061 means this house is valued at £2,515 per sq meter (£233 per sq foot).
The average size of a house on THE HILL is 107 sq meters (1,159 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near The Hill | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Hill |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Hill |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Simmons Leasow |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Gravel Bank |