£1,349,441
This estimated value is based upon the latest sale price for the house of £1,100,000 on 23 Dec 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Park Lane
More crime details
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| Price Paid | Date |
|---|---|
| £1,100,000 | 23 Dec 2019 |
| 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 December 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £1,100,000 results in an estimated price of approximately £1,349,441.
| 23 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £1,100,000 | £249,441 | £1,349,441 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | -35.516 % | £-390,681 | £709,318 |
| 3 Month Average | -3.748 % | £-41,228 | £1,058,771 |
| 6 Month Average | 5.279 % | £58,070 | £1,158,070 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £64,122 | £63,000 | 28 PIPPIN AVENUE |
| 22 Sep 2023 | £217,785 | £215,000 | 11 PIPPIN AVENUE |
| 11 Aug 2023 | £70,113 | £69,500 | 22 PIPPIN AVENUE |
| 23 Jun 2023 | £267,237 | £264,000 | NETHEREND NEIGHBOURHOOD CENTRE MOGUL LANE |
| 27 May 2022 | £300,665 | £295,000 | 15 MOGUL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Park Lane |
| Apr 2024 | Burglary | Under investigation | On or near Park Lane |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Park Ridge Drive |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near B4174 |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near B4174 |