£456,063
This estimated value is based upon the latest sale price for the house of £270,000 on 13 Oct 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £270,000 | 13 Oct 2006 |
| £74,000 | 3 Nov 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 October 2006 the House Price Index for WEST MIDLANDS was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.912%.Applying this 68.912% change to the original purchase price of £270,000 results in an estimated price of approximately £456,063.
| 13 Oct 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.912 % | £270,000 | £186,063 | £456,063 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | 47.838 % | £129,162 | £399,162 |
| 3 Month Average | 63.184 % | £170,596 | £440,596 |
| 6 Month Average | 54.839 % | £148,064 | £418,064 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £294,358 | £290,000 | 80 VERA ROAD |
| 12 Jun 2023 | £308,740 | £305,000 | 139 BARROWS LANE |
| 3 Feb 2023 | £253,829 | £254,000 | 78 CHARLBURY CRESCENT |
| 25 Nov 2022 | £365,572 | £370,000 | 140 BARROWS LANE |
| 2 Aug 2022 | £369,007 | £370,000 | 92 BARROWS LANE |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 5 Jun 2013. Using an estimated price of £456,063 means this house is valued at £3,378 per sq meter (£313 per sq foot).
The average size of a house on BARROWS LANE is 93 sq meters (1,007 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vera Road |
| Feb 2024 | Anti-social behaviour | On or near Vera Road | |
| Feb 2024 | Anti-social behaviour | On or near Vera Road | |
| Feb 2024 | Anti-social behaviour | On or near Vera Road | |
| Jan 2024 | Anti-social behaviour | On or near Vera Road |