£355,252
This estimated value is based upon the latest sale price for the house of £175,000 on 12 May 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £175,000 | 12 May 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 161 sq meters or 1,732 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 2004 the House Price Index for WEST MIDLANDS was 73.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 103.002%.Applying this 103.002% change to the original purchase price of £175,000 results in an estimated price of approximately £355,252.
| 12 May 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 149.7 | 103.002 % | £175,000 | £180,252 | £355,252 |
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 | 107.708 % | £188,488 | £363,488 |
| 3 Month Average | 91.814 % | £160,675 | £335,675 |
| 6 Month Average | 90.275 % | £157,980 | £332,980 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Apr 2024 | £70,613 | £70,000 | 364A CHURCH ROAD |
| 31 Mar 2023 | £277,128 | £272,500 | 32 CRANFIELD GROVE |
| 24 Feb 2023 | £246,648 | £245,000 | 8 LODGE DRIVE |
| 10 Feb 2023 | £281,883 | £280,000 | 15 BARROWS LANE |
| 10 Nov 2022 | £74,651 | £75,000 | 6 BARROWS LANE |
This house has a floor area of 161 sq meters or 1,732 sq feet when measured on 12 May 2014. Using an estimated price of £355,253 means this house is valued at £2,206 per sq meter (£204 per sq foot).
The average size of a house on BARROWS LANE is 93 sq meters (1,007 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lodge Drive |
| Jun 2024 | Anti-social behaviour | On or near Lodge Drive | |
| Jun 2024 | Robbery | Unable to prosecute suspect | On or near Lodge Drive |
| Jun 2024 | Anti-social behaviour | On or near Lodge Drive | |
| May 2024 | Possession of weapons | Under investigation | On or near Lodge Drive |