£460,711
This estimated value is based upon the latest sale price for the house of £335,000 on 5 Feb 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £335,000 | 5 Feb 2016 |
| Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 2016 the House Price Index for WEST MIDLANDS was 108.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 37.526%.Applying this 37.526% change to the original purchase price of £335,000 results in an estimated price of approximately £460,711.
| 5 Feb 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 149.7 | 37.526 % | £335,000 | £125,711 | £460,711 |
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 | 62.219 % | £208,432 | £543,432 |
| 3 Month Average | 31.005 % | £103,866 | £438,866 |
| 6 Month Average | 44.196 % | £148,056 | £483,056 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £318,010 | £311,000 | 46 MANOR LANE |
| 14 Aug 2023 | £499,000 | £490,000 | 45 MANOR LANE |
| 29 Jun 2022 | £383,191 | £375,000 | 22 STENNELS AVENUE |
| 28 Apr 2022 | £402,001 | £387,500 | 78B MANOR LANE |
| 23 Feb 2022 | £364,478 | £345,000 | 33 STENNELS AVENUE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 11 Sep 2015. Using an estimated price of £460,711 means this house is valued at £3,776 per sq meter (£350 per sq foot).
The average size of a house on MANOR LANE is 127 sq meters (1,373 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Stennels Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Western Avenue |
| Apr 2024 | Anti-social behaviour | On or near Hiplands Road | |
| Apr 2024 | Anti-social behaviour | On or near Hiplands Road | |
| Apr 2024 | Anti-social behaviour | On or near Hiplands Road |