£294,346
This estimated value is based upon the latest sale price for the house of £240,000 on 1 Nov 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £240,000 | 1 Nov 2019 |
| £160,000 | 22 Nov 2006 |
| £92,000 | 24 Oct 2001 |
| £49,950 | 10 Oct 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 November 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £240,000 results in an estimated price of approximately £294,346.
| 1 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £240,000 | £54,346 | £294,346 |
The Postcode Pricing Model uses changes in average sales price within the B14 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 | -18.594 % | £-44,625 | £195,374 |
| 3 Month Average | 4.066 % | £9,758 | £249,758 |
| 6 Month Average | 11.918 % | £28,602 | £268,602 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jul 2023 | £406,977 | £401,500 | 60 TAYLOR ROAD |
| 13 Jul 2023 | £146,978 | £145,000 | 84 WYNFIELD GARDENS |
| 23 Nov 2022 | £165,989 | £168,000 | 24 WYNFIELD GARDENS |
| 13 Jul 2022 | £319,360 | £318,500 | 25 TUDOR CLOSE |
| 4 Feb 2022 | £299,560 | £285,650 | 58 BEECHWOOD ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 10 Sep 2019. Using an estimated price of £294,347 means this house is valued at £3,234 per sq meter (£300 per sq foot).
The average size of a house on MAY LANE is 100 sq meters (1,082 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Beechwood Road |
| Mar 2024 | Burglary | Under investigation | On or near Taylor Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Taylor Road |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Taylor Road |
| Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near Wynfield Gardens |