£242,335
This estimated value is based upon the latest sale price for the house of £42,999 on 5 Feb 1996. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £42,999 | 5 Feb 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 891 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 1996 the House Price Index for WEST MIDLANDS was 26.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 463.584%.Applying this 463.584% change to the original purchase price of £42,999 results in an estimated price of approximately £242,335.
| 5 Feb 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 148.6 | 463.584 % | £42,999 | £199,336 | £242,335 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 463.315 % | £199,220 | £242,219 |
| 3 Month Average | 350.160 % | £150,565 | £193,564 |
| 6 Month Average | 361.298 % | £155,354 | £198,353 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £277,427 | £275,000 | 873 OLD LODE LANE |
| 12 Jun 2023 | £96,165 | £95,000 | FLAT 21 BARONS COURT, 998 OLD LODE LANE |
| 4 Nov 2022 | £494,016 | £500,000 | 996 OLD LODE LANE |
| 13 May 2022 | £112,112 | £110,000 | FLAT 53 BARONS COURT, 998 OLD LODE LANE |
| 29 Mar 2022 | £108,808 | £105,000 | FLAT 40 BARONS COURT, 998 OLD LODE LANE |
This house has a floor area of 82 sq meters or 891 sq feet when measured on 6 Jul 2009. Using an estimated price of £242,335 means this house is valued at £2,926 per sq meter (£271 per sq foot).
The average size of a house on OLD LODE LANE is 86 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Jeremy Grove |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jeremy Grove |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Jeremy Grove |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Jeremy Grove |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Shopping Area |