£97,013
This estimated value is based upon the latest sale price for the house of £60,000 on 13 Dec 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£60,000 | 13 Dec 2013 |
£55,000 | 14 Jun 2012 |
£52,000 | 8 Jan 2010 |
£25,000 | 25 Apr 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 29 sq meters or 312 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 December 2013 the House Price Index for WEST MIDLANDS was 92.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.690%.Applying this 61.690% change to the original purchase price of £60,000 results in an estimated price of approximately £97,013.
13 Dec 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.6 | 149.7 | 61.690 % | £60,000 | £37,013 | £97,013 |
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 | 87.208 % | £52,324 | £112,324 |
3 Month Average | 81.220 % | £48,731 | £108,731 |
6 Month Average | 76.164 % | £45,698 | £105,698 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Apr 2024 | £70,613 | £70,000 | 364A CHURCH ROAD |
11 Apr 2024 | £102,894 | £102,000 | 364 CHURCH ROAD |
31 Mar 2023 | £277,128 | £272,500 | 32 CRANFIELD GROVE |
24 Feb 2023 | £246,648 | £245,000 | 8 LODGE DRIVE |
10 Feb 2023 | £281,883 | £280,000 | 15 BARROWS LANE |
This house has a floor area of 29 sq meters or 312 sq feet when measured on 17 May 2012. Using an estimated price of £97,014 means this house is valued at £3,345 per sq meter (£310 per sq foot).
The average size of a house on BARROWS LANE is 93 sq meters (1,007 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lodge Drive |
Jun 2024 | Anti-social behaviour | On or near Lodge Drive | |
Jun 2024 | Anti-social behaviour | On or near Lodge Drive | |
Jun 2024 | Robbery | Unable to prosecute suspect | On or near Lodge Drive |
May 2024 | Possession of weapons | Under investigation | On or near Lodge Drive |