£362,507
This estimated value is based upon the latest sale price for the house of £260,000 on 18 Dec 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £260,000 | 18 Dec 2015 |
| £130,500 | 19 Oct 2001 |
| £66,000 | 13 Oct 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 December 2015 the House Price Index for WEST MIDLANDS was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £260,000 results in an estimated price of approximately £362,507.
| 18 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £260,000 | £102,507 | £362,507 |
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 | 40.056 % | £104,146 | £364,146 |
| 3 Month Average | 45.277 % | £117,721 | £377,721 |
| 6 Month Average | 30.531 % | £79,379 | £339,379 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £418,635 | £415,000 | 23 WYNFIELD GARDENS |
| 14 Mar 2024 | £271,166 | £267,000 | 20 TUDOR CLOSE |
| 23 Nov 2022 | £167,218 | £168,000 | 24 WYNFIELD GARDENS |
| 13 Jul 2022 | £321,724 | £318,500 | 25 TUDOR CLOSE |
| 4 Feb 2022 | £301,777 | £285,650 | 58 BEECHWOOD ROAD |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 24 Jul 2015. Using an estimated price of £362,507 means this house is valued at £2,832 per sq meter (£263 per sq foot).
The average size of a house on MAY LANE is 100 sq meters (1,082 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Beechwood Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beechwood Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beechwood Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Taylor Road |
| Jun 2024 | Drugs | Under investigation | On or near Taylor Road |