£224,356
This estimated value is based upon the latest sale price for the house of £143,000 on 20 Aug 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £143,000 | 20 Aug 2007 |
| £42,000 | 30 Apr 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 56 sq meters or 602 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 August 2007 the House Price Index for WEST MIDLANDS was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £143,000 results in an estimated price of approximately £224,356.
| 20 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.6 | 56.893 % | £143,000 | £81,356 | £224,356 |
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 | -11.014 % | £-15,750 | £127,249 |
| 3 Month Average | 43.383 % | £62,037 | £205,037 |
| 6 Month Average | 64.242 % | £91,865 | £234,865 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £217,045 | £215,000 | 40 BEDFORD ROAD |
| 13 May 2022 | £191,101 | £187,500 | 129 BEDFORD ROAD |
| 13 May 2022 | £249,705 | £245,000 | 54 COLES LANE |
| 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 56 sq meters or 602 sq feet when measured on 5 Feb 2020. Using an estimated price of £224,357 means this house is valued at £4,006 per sq meter (£372 per sq foot).
The average size of a house on TROTTERS LANE is 99 sq meters (1,073 sq feet).
This house is the smallest in the street with a floor area of 56 sq meters (602 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Trotter'S Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Trotter'S Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trotter'S Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trotter'S Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trotter'S Lane |