£213,645
This estimated value is based upon the latest sale price for the house of £125,000 on 22 Mar 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £125,000 | 22 Mar 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 987 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 March 2012 the House Price Index for WEST MIDLANDS was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £125,000 results in an estimated price of approximately £213,645.
| 22 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 148.6 | 70.916 % | £125,000 | £88,645 | £213,645 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 62.388 % | £77,984 | £202,984 |
| 3 Month Average | 47.844 % | £59,805 | £184,805 |
| 6 Month Average | 63.448 % | £79,310 | £204,310 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £217,227 | £214,450 | 10 WADDELL CLOSE |
| 11 Aug 2023 | £176,544 | £175,000 | 15 WADDELL CLOSE |
| 22 Feb 2023 | £54,963 | £55,000 | 37 HALL LANE |
| 17 Jan 2023 | £161,738 | £162,500 | 61 HALL LANE |
| 16 Sep 2022 | £80,351 | £81,000 | 40 HACKETT CLOSE |
This house has a floor area of 91 sq meters or 987 sq feet when measured on 30 Jun 2011. Using an estimated price of £213,645 means this house is valued at £2,328 per sq meter (£216 per sq foot).
The average size of a house on HALL LANE is 109 sq meters (1,181 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hall Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Abney Drive |
| Jan 2024 | Possession of weapons | Under investigation | On or near Hackett Close |
| Jan 2024 | Drugs | Under investigation | On or near Hackett Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hackett Close |