£168,023
This estimated value is based upon the latest sale price for the house of £137,000 on 15 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 |
|---|---|
| £137,000 | 15 Nov 2019 |
| £125,000 | 24 Aug 2007 |
| £78,500 | 23 Mar 2007 |
| £51,000 | 28 Mar 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 £137,000 results in an estimated price of approximately £168,023.
| 15 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £137,000 | £31,023 | £168,023 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | 23.560 % | £32,276 | £169,276 |
| 3 Month Average | 8.342 % | £11,428 | £148,428 |
| 6 Month Average | 17.078 % | £23,396 | £160,396 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £187,396 | £185,000 | 24 LYTTLETON AVENUE |
| 7 Jun 2023 | £87,055 | £86,000 | 243 LONG LANE |
| 30 Jan 2023 | £244,847 | £246,000 | 16A LYTTLETON AVENUE |
| 23 Jan 2023 | £138,348 | £139,000 | 261 LONG LANE |
| 11 Jul 2022 | £290,783 | £290,000 | 231A LONG LANE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 4 Jul 2019. Using an estimated price of £168,023 means this house is valued at £1,826 per sq meter (£169 per sq foot).
The average size of a house on LONG LANE is 89 sq meters (963 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hill Top Avenue |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hill Top Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New England |