£66,248
This estimated value is based upon the latest sale price for the house of £65,000 on 9 May 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £65,000 | 9 May 2022 |
| £68,000 | 20 Jul 2012 |
| £87,500 | 30 Jul 2004 |
| £28,000 | 29 Aug 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 May 2022 the House Price Index for WEST MIDLANDS was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £65,000 results in an estimated price of approximately £66,248.
| 9 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.6 | 1.920 % | £65,000 | £1,248 | £66,248 |
The Postcode Pricing Model uses changes in average sales price within the B11 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 | 48.148 % | £31,296 | £96,296 |
| 3 Month Average | -8.800 % | £-5,720 | £59,279 |
| 6 Month Average | -6.748 % | £-4,386 | £60,613 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2022 | £252,819 | £253,500 | 12 SHOWELL GREEN LANE |
| 9 May 2022 | £66,248 | £65,000 | FLAT 26 LIME COURT SHOWELL GREEN LANE |
| 15 Mar 2022 | £176,165 | £170,000 | 30 FREDERICK ROAD |
| 30 Nov 2021 | £313,639 | £290,000 | 575 STRATFORD ROAD |
| 21 Oct 2020 | £193,559 | £165,000 | 8 FREDERICK ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 2 Jun 2021. Using an estimated price of £66,248 means this house is valued at £1,086 per sq meter (£100 per sq foot).
The average size of a house on SHOWELL GREEN LANE is 125 sq meters (1,349 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Lime Court | |
| Mar 2024 | Anti-social behaviour | On or near Lime Court | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lime Court |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lime Court |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lime Court |