£491,173
This estimated value is based upon the latest sale price for the house of £300,000 on 9 Sep 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £300,000 | 9 Sep 2013 |
| £145,000 | 22 Apr 1999 |
| Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 2013 the House Price Index for WEST MIDLANDS was 90.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 63.724%.Applying this 63.724% change to the original purchase price of £300,000 results in an estimated price of approximately £491,173.
| 9 Sep 2013 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 148.0 | 63.724 % | £300,000 | £191,173 | £491,173 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | 54.005 % | £162,014 | £462,014 |
| 3 Month Average | 47.199 % | £141,596 | £441,596 |
| 6 Month Average | 66.397 % | £199,190 | £499,190 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £492,998 | £490,000 | 45 MANOR LANE |
| 29 Jun 2022 | £378,840 | £375,000 | 22 STENNELS AVENUE |
| 28 Apr 2022 | £397,436 | £387,500 | 78B MANOR LANE |
| 23 Feb 2022 | £360,339 | £345,000 | 33 STENNELS AVENUE |
| 29 Jun 2021 | £438,123 | £410,000 | 14 STENNELS AVENUE |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 24 Jun 2020. Using an estimated price of £491,173 means this house is valued at £3,778 per sq meter (£351 per sq foot).
The average size of a house on MANOR LANE is 127 sq meters (1,373 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stennels Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Western Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Western Avenue |
| Apr 2024 | Anti-social behaviour | On or near Hiplands Road | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shenstone Avenue |