£846,865
This estimated value is based upon the latest sale price for the house of £490,000 on 18 Dec 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £490,000 | 18 Dec 2009 |
| £275,000 | 10 Nov 2000 |
| £150,000 | 23 Feb 1996 |
| Detached |
| Freehold |
| Floor Area: 198 sq meters or 2,131 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 December 2009 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.830%.Applying this 72.830% change to the original purchase price of £490,000 results in an estimated price of approximately £846,865.
| 18 Dec 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.830 % | £490,000 | £356,865 | £846,865 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | 27.798 % | £136,208 | £626,208 |
| 3 Month Average | -1.460 % | £-7,156 | £482,843 |
| 6 Month Average | 25.611 % | £125,494 | £615,494 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £502,439 | £495,000 | 29 CLAREWELL AVENUE |
| 27 Feb 2023 | £499,664 | £500,000 | 18 CLAREWELL AVENUE |
| 17 Feb 2023 | £743,500 | £744,000 | 3 MAYBRIDGE DRIVE |
| 9 Sep 2022 | £529,722 | £534,000 | 34 CLAREWELL AVENUE |
| 15 Aug 2022 | £417,875 | £419,000 | 6 HALSTEAD GROVE |
This house has a floor area of 198 sq meters or 2,131 sq feet when measured on 6 Feb 2009. Using an estimated price of £846,866 means this house is valued at £4,276 per sq meter (£397 per sq foot).
The average size of a house on WIDNEY LANE is 149 sq meters (1,606 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maybridge Drive |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Monkspath Hall Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clarewell Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clarewell Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clarewell Avenue |