£140,832
This estimated value is based upon the latest sale price for the house of £105,000 on 4 Aug 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £105,000 | 4 Aug 2016 |
| £85,000 | 10 Nov 2005 |
| £49,000 | 1 Apr 2003 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 680 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 August 2016 the House Price Index for WEST MIDLANDS was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £105,000 results in an estimated price of approximately £140,832.
| 4 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £105,000 | £35,832 | £140,832 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | 105.037 % | £110,288 | £215,288 |
| 3 Month Average | 62.437 % | £65,558 | £170,558 |
| 6 Month Average | 61.366 % | £64,434 | £169,434 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £268,928 | £263,000 | 21 PROVIDENCE ROW |
| 14 Mar 2023 | £228,821 | £225,000 | 30 DENISE DRIVE |
| 24 Aug 2022 | £281,315 | £280,000 | 5 DENISE DRIVE |
| 7 Apr 2022 | £201,779 | £194,500 | 4 PROVIDENCE ROW |
| 19 Nov 2021 | £266,932 | £245,000 | THE WILLOWS HOSPITAL LANE |
This house has a floor area of 63 sq meters or 680 sq feet when measured on 16 May 2011. Using an estimated price of £140,833 means this house is valued at £2,228 per sq meter (£207 per sq foot).
The average size of a house on HOSPITAL LANE is 103 sq meters (1,109 sq feet).
This house is the smallest in the street with a floor area of 63 sq meters (680 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hospital Lane |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hospital Lane |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hospital Lane |
| Jul 2024 | Anti-social behaviour | On or near Portland Place | |
| Jun 2024 | Anti-social behaviour | On or near Grange Road |