£133,169
This estimated value is based upon the latest sale price for the house of £85,500 on 21 May 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £85,500 | 21 May 2014 |
| £67,000 | 18 Dec 2009 |
| £74,995 | 4 Sep 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2014 the House Price Index for WEST MIDLANDS was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £85,500 results in an estimated price of approximately £133,169.
| 21 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £85,500 | £47,669 | £133,169 |
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 | 40.715 % | £34,811 | £120,311 |
| 3 Month Average | 65.641 % | £56,122 | £141,622 |
| 6 Month Average | 61.909 % | £52,931 | £138,431 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £242,450 | £235,000 | 79 NOOSE LANE |
| 7 Dec 2023 | £211,499 | £205,000 | 33 LAKESIDE CLOSE |
| 10 Nov 2023 | £234,964 | £229,000 | 98B NOOSE LANE |
| 25 Oct 2023 | £269,112 | £263,000 | 61 NOOSE LANE |
| 4 Aug 2023 | £152,755 | £150,000 | 5 LAKESIDE CLOSE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 22 Oct 2014. Using an estimated price of £133,169 means this house is valued at £1,799 per sq meter (£167 per sq foot).
The average size of a house on NOOSE LANE is 89 sq meters (959 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tarn Close |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tarn Close |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Oak Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Road |