£192,541
This estimated value is based upon the latest sale price for the house of £37,000 on 28 May 1997. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £37,000 | 28 May 1997 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 May 1997 the House Price Index for WEST MIDLANDS was 28.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 420.381%.Applying this 420.381% change to the original purchase price of £37,000 results in an estimated price of approximately £192,541.
| 28 May 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.8 | 149.7 | 420.381 % | £37,000 | £155,541 | £192,541 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 354.003 % | £130,981 | £167,981 |
| 3 Month Average | 286.623 % | £106,050 | £143,050 |
| 6 Month Average | 302.242 % | £111,829 | £148,829 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £190,000 | £190,000 | 6 HACKETT CLOSE |
| 1 Sep 2023 | £219,284 | £214,450 | 10 WADDELL CLOSE |
| 11 Aug 2023 | £178,214 | £175,000 | 15 WADDELL CLOSE |
| 22 Feb 2023 | £55,370 | £55,000 | 37 HALL LANE |
| 17 Jan 2023 | £162,935 | £162,500 | 61 HALL LANE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 10 Mar 2017. Using an estimated price of £192,541 means this house is valued at £1,887 per sq meter (£175 per sq foot).
The average size of a house on HALL LANE is 109 sq meters (1,181 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hall Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hall Lane |
| May 2024 | Violence and sexual offences | Offender given a caution | On or near Hall Lane |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Abney Drive |
| Jun 2024 | Vehicle crime | Unable to prosecute suspect | On or near Hackett Close |