£158,378
This estimated value is based upon the latest sale price for the house of £110,000 on 21 Aug 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £110,000 | 21 Aug 2015 |
| £58,000 | 15 Jun 1995 |
| Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2015 the House Price Index for WEST MIDLANDS was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £110,000 results in an estimated price of approximately £158,378.
| 21 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 149.7 | 43.981 % | £110,000 | £48,378 | £158,378 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | -16.692 % | £-18,361 | £91,638 |
| 3 Month Average | 36.239 % | £39,863 | £149,863 |
| 6 Month Average | 57.670 % | £63,437 | £173,437 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £211,499 | £205,000 | 33 LAKESIDE CLOSE |
| 10 Nov 2023 | £234,964 | £229,000 | 98B NOOSE LANE |
| 25 Oct 2023 | £269,112 | £263,000 | 61 NOOSE LANE |
| 25 Aug 2023 | £483,724 | £475,000 | 6 BEECH ROAD |
| 4 Aug 2023 | £152,755 | £150,000 | 5 LAKESIDE CLOSE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 28 Apr 2015. Using an estimated price of £158,379 means this house is valued at £2,399 per sq meter (£222 per sq foot).
The average size of a house on WATERY LANE is 88 sq meters (957 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Noose Lane |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tarn Close |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tarn Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Road |