£107,314
This estimated value is based upon the latest sale price for the house of £31,000 on 12 Apr 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £31,000 | 12 Apr 2001 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 April 2001 the House Price Index for WEST MIDLANDS was 42.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 246.176%.Applying this 246.176% change to the original purchase price of £31,000 results in an estimated price of approximately £107,314.
| 12 Apr 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.9 | 148.6 | 246.176 % | £31,000 | £76,314 | £107,314 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | 150.352 % | £46,609 | £77,609 |
| 3 Month Average | 193.937 % | £60,120 | £91,120 |
| 6 Month Average | 243.715 % | £75,551 | £106,551 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £183,205 | £180,000 | 2 SIDDONS WAY |
| 28 Feb 2023 | £187,874 | £188,000 | 29 SIDDONS WAY |
| 3 Feb 2023 | £269,818 | £270,000 | 40 THE BROADWAY |
| 5 Apr 2022 | £200,811 | £195,000 | 2 KIMBLEY RISE |
| 26 Jan 2022 | £189,433 | £180,000 | 3 MOSTYN CRESCENT |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 4 Oct 2019. Using an estimated price of £107,315 means this house is valued at £1,233 per sq meter (£114 per sq foot).
The average size of a house on COLES LANE is 85 sq meters (922 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kimbley Rise |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Kimbley Rise |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Mostyn Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Siddons Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Siddons Way |