£195,955
This estimated value is based upon the latest sale price for the house of £115,000 on 7 Dec 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£115,000 | 7 Dec 2012 |
Semi-Detached |
Freehold |
Floor Area: 71 sq meters or 764 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 2012 the House Price Index for WEST MIDLANDS was 87.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.396%.Applying this 70.396% change to the original purchase price of £115,000 results in an estimated price of approximately £195,955.
7 Dec 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.9 | 149.7 | 70.396 % | £115,000 | £80,955 | £195,955 |
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 | 98.689 % | £113,492 | £228,492 |
3 Month Average | 90.573 % | £104,158 | £219,158 |
6 Month Average | 84.417 % | £97,079 | £212,079 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Nov 2023 | £290,371 | £283,000 | 453 BARROWS LANE |
20 Nov 2023 | £338,595 | £330,000 | 5 KINGFISHER CLOSE |
22 Jun 2023 | £339,810 | £333,000 | 26 KINGFISHER CLOSE |
10 Aug 2022 | £220,531 | £219,500 | 440 BARROWS LANE |
27 May 2022 | £292,623 | £285,000 | 425 BARROWS LANE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 24 Jan 2013. Using an estimated price of £195,955 means this house is valued at £2,759 per sq meter (£256 per sq foot).
The average size of a house on BARROWS LANE is 93 sq meters (1,007 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Broadway Croft |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Broadway Croft |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broadway Croft |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broadway Croft |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broadway Croft |