£246,270
This estimated value is based upon the latest sale price for the house of £190,000 on 10 Mar 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £190,000 | 10 Mar 2017 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 March 2017 the House Price Index for WEST MIDLANDS was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £190,000 results in an estimated price of approximately £246,270.
| 10 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £190,000 | £56,270 | £246,270 |
The Postcode Pricing Model uses changes in average sales price within the DY3 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 | 37.312 % | £70,892 | £260,892 |
| 3 Month Average | 32.690 % | £62,110 | £252,110 |
| 6 Month Average | 26.801 % | £50,922 | £240,922 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £216,897 | £215,000 | 3 ORCHARD GROVE |
| 20 Apr 2023 | £183,981 | £182,000 | 19 ELLOWES ROAD |
| 15 Feb 2023 | £175,882 | £176,000 | 15 ELLOWES ROAD |
| 24 Nov 2022 | £187,726 | £190,000 | 13 BIRD STREET |
| 6 Sep 2022 | £143,838 | £145,000 | 11 ELLOWES ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 27 Oct 2016. Using an estimated price of £246,270 means this house is valued at £2,390 per sq meter (£222 per sq foot).
The average size of a house on MUSK LANE is 111 sq meters (1,200 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Barr Street | |
| Apr 2024 | Anti-social behaviour | On or near Barr Street | |
| Apr 2024 | Anti-social behaviour | On or near Barr Street | |
| Mar 2024 | Anti-social behaviour | On or near Barr Street | |
| Mar 2024 | Anti-social behaviour | On or near Barr Street |