£233,347
This estimated value is based upon the latest sale price for the house of £135,000 on 31 Aug 2011. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £135,000 | 31 Aug 2011 |
| £55,000 | 6 Dec 1996 |
| Detached |
| Freehold |
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 2011 the House Price Index for WEST MIDLANDS was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.850%.Applying this 72.850% change to the original purchase price of £135,000 results in an estimated price of approximately £233,347.
| 31 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.850 % | £135,000 | £98,347 | £233,347 |
The Postcode Pricing Model uses changes in average sales price within the WS8 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 | 72.288 % | £97,589 | £232,589 |
| 3 Month Average | 71.767 % | £96,885 | £231,885 |
| 6 Month Average | 66.579 % | £89,881 | £224,881 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £223,918 | £220,000 | 11 NARROW LANE |
| 31 Jul 2023 | £174,347 | £172,000 | 117 BARNETTS LANE |
| 23 Jun 2023 | £161,962 | £160,000 | 95 BARNETTS LANE |
| 27 Jan 2023 | £228,922 | £230,000 | 2 NARROW LANE |
| 21 Nov 2022 | £192,666 | £195,000 | 5 NARROW LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Narrow Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Narrow Lane |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sandy Grove |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Claverdon Close |