£347,509
This estimated value is based upon the latest sale price for the house of £224,000 on 16 Nov 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Reedswood Lane
More crime details
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| Price Paid | Date |
|---|---|
| £224,000 | 16 Nov 2007 |
| Detached |
| Freehold |
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 November 2007 the House Price Index for WEST MIDLANDS was 95.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.138%.Applying this 55.138% change to the original purchase price of £224,000 results in an estimated price of approximately £347,509.
| 16 Nov 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.8 | 148.6 | 55.138 % | £224,000 | £123,509 | £347,509 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | 32.986 % | £73,889 | £297,889 |
| 3 Month Average | 18.056 % | £40,445 | £264,445 |
| 6 Month Average | 31.050 % | £69,552 | £293,552 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Feb 2023 | £162,391 | £162,500 | 77 BENTLEY LANE |
| 29 Sep 2021 | £120,690 | £112,000 | 47 BENTLEY LANE |
| 11 Jun 2021 | £75,105 | £70,000 | 42 REEDSWOOD GARDENS |
| 29 Jun 2020 | £90,826 | £75,000 | 12 BENTLEY LANE |
| 22 Nov 2019 | £116,512 | £95,000 | 40 BENTLEY LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Reedswood Lane |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Reedswood Lane |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Reedswood Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Reedswood Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Reedswood Close |