£1,154,213
This estimated value is based upon the latest sale price for the house of £1,155,000 on 14 Jul 2023. 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 Hob Lane
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| Price Paid | Date |
|---|---|
| £1,155,000 | 14 Jul 2023 |
| £575,000 | 11 Jul 2014 |
| Detached |
| Freehold |
| Floor Area: 171 sq meters or 1,844 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 July 2023 the House Price Index for WEST MIDLANDS was 146.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.068%.Applying this -0.068% change to the original purchase price of £1,155,000 results in an estimated price of approximately £1,154,213.
| 14 Jul 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 146.7 | -0.068 % | £1,155,000 | £-786 | £1,154,213 |
The Postcode Pricing Model uses changes in average sales price within the CV8 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 | 90.450 % | £1,044,697 | £2,199,697 |
| 3 Month Average | -15.075 % | £-174,114 | £980,885 |
| 6 Month Average | -5.555 % | £-64,161 | £1,090,838 |
This house has a floor area of 171 sq meters or 1,844 sq feet when measured on 13 Jan 2011.
The average size of a house on BIRMINGHAM ROAD is 228 sq meters (2,462 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hob Lane |
| Mar 2024 | Burglary | Under investigation | On or near Hob Lane |
| Jan 2024 | Anti-social behaviour | On or near Hob Lane | |
| Jan 2024 | Anti-social behaviour | On or near Hob Lane | |
| Jan 2024 | Anti-social behaviour | On or near Hob Lane |