£270,988
This estimated value is based upon the latest sale price for the house of £226,000 on 28 Aug 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £226,000 | 28 Aug 2020 |
| £156,000 | 3 Jul 2012 |
| £157,000 | 18 Dec 2006 |
| £93,000 | 24 May 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 57 sq meters or 613 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 August 2020 the House Price Index for WEST MIDLANDS was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £226,000 results in an estimated price of approximately £270,988.
| 28 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £226,000 | £44,988 | £270,988 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | -9.592 % | £-21,678 | £204,321 |
| 3 Month Average | -13.616 % | £-30,771 | £195,228 |
| 6 Month Average | 8.976 % | £20,286 | £246,286 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £288,691 | £285,000 | 43 SUMMERFIELD ROAD |
| 24 Aug 2023 | £226,986 | £225,000 | 4 BABLAKE CROFT |
| 14 Jul 2023 | £268,615 | £265,000 | 96 CASTLE LANE |
| 18 Feb 2022 | £343,447 | £327,500 | 47 ARUNDEL CRESCENT |
| 17 Dec 2021 | £237,846 | £222,000 | 125 CASTLE LANE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 4 Apr 2012. Using an estimated price of £270,989 means this house is valued at £4,754 per sq meter (£441 per sq foot).
The average size of a house on CASTLE LANE is 85 sq meters (915 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Bablake Croft |
| Mar 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |