£514,566
This estimated value is based upon the latest sale price for the house of £410,000 on 22 Jan 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £410,000 | 22 Jan 2018 |
| £98,000 | 12 Dec 1996 |
| Detached |
| Leasehold |
| Floor Area: 174 sq meters or 1,872 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 January 2018 the House Price Index for WEST MIDLANDS was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £410,000 results in an estimated price of approximately £514,566.
| 22 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £410,000 | £104,566 | £514,566 |
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 | 66.153 % | £271,226 | £681,226 |
| 3 Month Average | -14.727 % | £-60,382 | £349,617 |
| 6 Month Average | -3.139 % | £-12,870 | £397,129 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £661,575 | £650,000 | 15 YEWHURST ROAD |
| 30 Nov 2023 | £527,814 | £520,000 | 190 SOLIHULL ROAD |
| 22 Sep 2023 | £734,390 | £725,000 | 17 YEWHURST ROAD |
| 15 Sep 2023 | £455,828 | £450,000 | 155 DANFORD LANE |
| 28 Oct 2022 | £672,756 | £680,000 | 110 PROSPECT LANE |
This house has a floor area of 174 sq meters or 1,872 sq feet when measured on 10 Nov 2017. Using an estimated price of £514,567 means this house is valued at £2,957 per sq meter (£274 per sq foot).
The average size of a house on PROSPECT LANE is 170 sq meters (1,839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Yewhurst Road |
| Apr 2024 | Shoplifting | Under investigation | On or near Blackthorne Close |
| Apr 2024 | Shoplifting | Under investigation | On or near Blackthorne Close |
| Apr 2024 | Shoplifting | Under investigation | On or near Blackthorne Close |
| Apr 2024 | Public order | Under investigation | On or near Blackthorne Close |