£292,824
This estimated value is based upon the latest sale price for the house of £235,000 on 24 Aug 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£235,000 | 24 Aug 2018 |
Terraced |
Freehold |
Floor Area: 95 sq meters or 1,022 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 2018 the House Price Index for WEST MIDLANDS was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £235,000 results in an estimated price of approximately £292,824.
24 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 149.7 | 24.606 % | £235,000 | £57,824 | £292,824 |
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 | 33.047 % | £77,660 | £312,660 |
3 Month Average | 30.894 % | £72,599 | £307,599 |
6 Month Average | 31.270 % | £73,485 | £308,485 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £191,949 | £189,000 | 10 BILTON GRANGE ROAD |
8 Mar 2023 | £327,469 | £322,000 | 60 JEPHSON DRIVE |
2 Nov 2022 | £209,023 | £210,000 | 100 ORCHARD RISE |
9 Sep 2022 | £95,936 | £96,000 | 47 ORCHARD RISE |
26 Aug 2022 | £91,428 | £91,000 | 196 BARROWS LANE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 17 Aug 2016. Using an estimated price of £292,824 means this house is valued at £3,082 per sq meter (£286 per sq foot).
The average size of a house on BARROWS LANE is 93 sq meters (1,007 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Orchard Rise |
Jul 2024 | Anti-social behaviour | On or near Arden Drive | |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Arden Drive |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Arden Drive |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Arden Drive |