£461,687
This estimated value is based upon the latest sale price for the house of £299,950 on 18 Jul 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £299,950 | 18 Jul 2014 |
| £88,000 | 26 Jun 1998 |
| Detached |
| Freehold |
| Floor Area: 162 sq meters or 1,747 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 July 2014 the House Price Index for WEST MIDLANDS was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £299,950 results in an estimated price of approximately £461,687.
| 18 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £299,950 | £161,737 | £461,687 |
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 | 94.022 % | £282,019 | £581,969 |
| 3 Month Average | 74.044 % | £222,096 | £522,046 |
| 6 Month Average | 70.786 % | £212,323 | £512,273 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £124,495 | £122,000 | 2 THE FARRIERS |
| 10 Mar 2023 | £188,142 | £185,000 | 26 BEVERLEY GROVE |
| 9 Mar 2023 | £268,484 | £264,000 | 47 HORSE SHOES LANE |
| 17 Nov 2022 | £228,930 | £230,000 | 9 BEVERLEY GROVE |
| 31 Aug 2022 | £140,658 | £140,000 | 35 CAMPBELLS GREEN |
This house has a floor area of 162 sq meters or 1,747 sq feet when measured on 24 Apr 2010. Using an estimated price of £461,687 means this house is valued at £2,844 per sq meter (£264 per sq foot).
The average size of a house on HORSE SHOES LANE is 101 sq meters (1,089 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Farriers |
| Jun 2024 | Robbery | Under investigation | On or near The Farriers |
| Jun 2024 | Robbery | Under investigation | On or near The Farriers |
| Jun 2024 | Robbery | Under investigation | On or near The Farriers |
| Jun 2024 | Robbery | Under investigation | On or near The Farriers |