£188,516
This estimated value is based upon the latest sale price for the house of £124,995 on 14 Oct 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Bilston Lane
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Price Paid | Date |
---|---|
£124,995 | 14 Oct 2014 |
£51,500 | 26 Sep 1996 |
Semi-Detached |
Freehold |
Floor Area: 89 sq meters or 957 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 October 2014 the House Price Index for WEST MIDLANDS was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £124,995 results in an estimated price of approximately £188,516.
14 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.3 | 149.7 | 50.819 % | £124,995 | £63,521 | £188,516 |
The Postcode Pricing Model uses changes in average sales price within the WV13 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 | 69.961 % | £87,448 | £212,443 |
3 Month Average | 62.821 % | £78,522 | £203,517 |
6 Month Average | 56.987 % | £71,230 | £196,225 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £190,865 | £185,000 | 24 ST GILES ROAD |
29 Sep 2023 | £235,184 | £230,000 | 68 GIPSY LANE |
13 Mar 2023 | £167,802 | £165,000 | 20 ST GILES ROAD |
26 Aug 2022 | £150,705 | £150,000 | 36 ST GILES ROAD |
29 Jul 2022 | £102,022 | £101,000 | 130 GIPSY LANE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 20 Jun 2014. Using an estimated price of £188,516 means this house is valued at £2,118 per sq meter (£196 per sq foot).
The average size of a house on BILSTON LANE is 97 sq meters (1,045 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Public order | Unable to prosecute suspect | On or near Bilston Lane |
Jun 2024 | Burglary | Awaiting court outcome | On or near Bilston Lane |
Jun 2024 | Other crime | Investigation complete; no suspect identified | On or near Bilston Lane |
May 2024 | Violence and sexual offences | Under investigation | On or near Bilston Lane |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bilston Lane |