£317,359
This estimated value is based upon the latest sale price for the house of £311,000 on 9 Jun 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £311,000 | 9 Jun 2023 |
| £192,500 | 2 Jul 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 June 2023 the House Price Index for WEST MIDLANDS was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £311,000 results in an estimated price of approximately £317,359.
| 9 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £311,000 | £6,359 | £317,359 |
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 | 32.577 % | £101,313 | £412,313 |
| 3 Month Average | 10.893 % | £33,878 | £344,878 |
| 6 Month Average | -2.954 % | £-9,187 | £301,812 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £234,224 | £230,000 | 54 GRAFTON ROAD |
| 22 Jun 2023 | £2,780,726 | £2,725,000 | PRINCE OF WALES HIGH STREET |
| 9 Jun 2023 | £317,360 | £311,000 | 288 PRINCE OF WALES LANE |
| 28 Apr 2023 | £244,575 | £240,000 | 7 GRAFTON ROAD |
| 27 Mar 2023 | £203,397 | £200,000 | 242 PRINCE OF WALES LANE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 7 Feb 2018. Using an estimated price of £317,360 means this house is valued at £2,885 per sq meter (£268 per sq foot).
The average size of a house on PRINCE OF WALES LANE is 81 sq meters (882 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Maypole Lane | |
| Jul 2024 | Anti-social behaviour | On or near Maypole Lane | |
| Jun 2024 | Drugs | Under investigation | On or near Maypole Lane |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Maypole Lane |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Maypole Lane |