£323,475
This estimated value is based upon the latest sale price for the house of £220,000 on 22 May 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £220,000 | 22 May 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 181 sq meters or 1,948 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 May 2015 the House Price Index for WEST MIDLANDS was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £220,000 results in an estimated price of approximately £323,475.
| 22 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £220,000 | £103,475 | £323,475 |
The Postcode Pricing Model uses changes in average sales price within the B16 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 | 69.413 % | £152,708 | £372,708 |
| 3 Month Average | 57.108 % | £125,638 | £345,638 |
| 6 Month Average | 51.902 % | £114,183 | £334,183 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £255,061 | £249,950 | 8 ASHES LANE |
| 21 Sep 2022 | £148,133 | £148,232 | 251 GILLOTT ROAD |
| 22 Jun 2022 | £270,788 | £265,000 | 267 GILLOTT ROAD |
| 25 Mar 2022 | £298,565 | £286,000 | 257 GILLOTT ROAD |
| 15 Mar 2022 | £246,544 | £236,168 | 11 WICKET DRIVE |
This house has a floor area of 181 sq meters or 1,948 sq feet when measured on 21 Nov 2018. Using an estimated price of £323,476 means this house is valued at £1,787 per sq meter (£166 per sq foot).
The average size of a house on HALLEWELL ROAD is 177 sq meters (1,909 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Ashes Lane | |
| Jun 2024 | Anti-social behaviour | On or near Ashes Lane | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Ashes Lane |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ashes Lane |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ashes Lane |