£146,612
This estimated value is based upon the latest sale price for the house of £115,000 on 7 Jul 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £115,000 | 7 Jul 2017 |
| £55,950 | 5 Jun 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 July 2017 the House Price Index for WEST MIDLANDS was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £115,000 results in an estimated price of approximately £146,612.
| 7 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £115,000 | £31,612 | £146,612 |
The Postcode Pricing Model uses changes in average sales price within the DY4 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 | -12.334 % | £-14,183 | £100,816 |
| 3 Month Average | -1.020 % | £-1,172 | £113,827 |
| 6 Month Average | 13.037 % | £14,992 | £129,992 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £239,185 | £235,000 | 8 BROCK ROAD |
| 8 Sep 2023 | £261,342 | £258,000 | 11 HAINES CLOSE |
| 16 Jun 2023 | £177,146 | £175,000 | 6 SHAW ROAD |
| 15 Jun 2023 | £202,452 | £200,000 | 6 JOHNS LANE |
| 25 Jan 2023 | £137,353 | £138,000 | 14 SHAW ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 26 Apr 2017. Using an estimated price of £146,612 means this house is valued at £2,403 per sq meter (£223 per sq foot).
The average size of a house on JOHNS LANE is 78 sq meters (843 sq feet).
This house is the smallest in the street with a floor area of 61 sq meters (656 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near John'S Lane |
| Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near John'S Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bevan Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bevan Road |
| Feb 2024 | Drugs | Investigation complete; no suspect identified | On or near Bevan Road |