£394,443
This estimated value is based upon the latest sale price for the house of £230,000 on 10 Nov 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£230,000 | 10 Nov 2010 |
£155,000 | 7 Jan 2002 |
Semi-Detached |
Freehold |
Floor Area: 118 sq meters or 1,270 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 2010 the House Price Index for WEST MIDLANDS was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.497%.Applying this 71.497% change to the original purchase price of £230,000 results in an estimated price of approximately £394,443.
10 Nov 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 148.6 | 71.497 % | £230,000 | £164,443 | £394,443 |
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 | 57.034 % | £131,177 | £361,177 |
3 Month Average | 72.058 % | £165,733 | £395,733 |
6 Month Average | 59.293 % | £136,374 | £366,374 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2023 | £325,063 | £322,000 | 60 JEPHSON DRIVE |
26 Aug 2022 | £90,756 | £91,000 | 196 BARROWS LANE |
5 Aug 2022 | £119,628 | £119,950 | 43 ARDEN DRIVE |
22 Jul 2022 | £70,189 | £70,000 | 47 ARDEN DRIVE |
26 Nov 2021 | £297,416 | £275,000 | 198 BARROWS LANE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 10 Oct 2013. Using an estimated price of £394,444 means this house is valued at £3,342 per sq meter (£310 per sq foot).
The average size of a house on BARROWS LANE is 93 sq meters (1,007 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Arden Drive |
Mar 2024 | Possession of weapons | Under investigation | On or near Arden Drive |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Arden Drive |
Feb 2024 | Other crime | Unable to prosecute suspect | On or near Orchard Rise |
Jan 2024 | Public order | Under investigation | On or near Orchard Rise |