£72,356
This estimated value is based upon the latest sale price for the house of £20,500 on 23 Feb 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £20,500 | 23 Feb 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 February 2001 the House Price Index for WEST MIDLANDS was 42.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 252.958%.Applying this 252.958% change to the original purchase price of £20,500 results in an estimated price of approximately £72,356.
| 23 Feb 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.1 | 148.6 | 252.958 % | £20,500 | £51,856 | £72,356 |
The Postcode Pricing Model uses changes in average sales price within the B66 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 | 446.677 % | £91,568 | £112,068 |
| 3 Month Average | 288.262 % | £59,093 | £79,593 |
| 6 Month Average | 255.307 % | £52,337 | £72,837 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £116,015 | £115,000 | APARTMENT 8 CYGNET COURT HOLLY LANE |
| 31 Aug 2022 | £49,866 | £50,000 | FLAT 10 LIZAFIELD COURT HOLLY LANE |
| 12 Aug 2022 | £126,659 | £127,000 | APARTMENT 21 CYGNET COURT HOLLY LANE |
| 27 May 2022 | £254,801 | £250,000 | 166 HOLLY LANE |
| 19 Apr 2022 | £51,490 | £50,000 | FLAT 12 LIZAFIELD COURT HOLLY LANE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 13 Feb 2018. Using an estimated price of £72,356 means this house is valued at £1,019 per sq meter (£94 per sq foot).
The average size of a house on HOLLY LANE is 82 sq meters (893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Draycott Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Draycott Road |
| Jan 2024 | Drugs | Local resolution | On or near Draycott Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Draycott Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Draycott Road |