£866,143
This estimated value is based upon the latest sale price for the house of £875,000 on 25 Jul 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £875,000 | 25 Jul 2022 |
| £380,000 | 28 Sep 2017 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 July 2022 the House Price Index for WEST MIDLANDS was 148.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.012%.Applying this -1.012% change to the original purchase price of £875,000 results in an estimated price of approximately £866,143.
| 25 Jul 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 146.7 | -1.012 % | £875,000 | £-8,856 | £866,143 |
The Postcode Pricing Model uses changes in average sales price within the DY9 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 | -18.308 % | £-160,193 | £714,806 |
| 3 Month Average | -12.796 % | £-111,968 | £763,031 |
| 6 Month Average | -0.298 % | £-2,607 | £872,392 |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 15 Jun 2017.
The average size of a house on HAM LANE is 125 sq meters (1,347 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near St Peter'S Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near St Peter'S Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foley Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Bank Farm Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Ham Lane |