£358,851
This estimated value is based upon the latest sale price for the house of £300,000 on 18 Sep 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£300,000 | 18 Sep 2020 |
£162,500 | 25 Jul 2002 |
Detached |
Freehold |
Floor Area: 84 sq meters or 904 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 September 2020 the House Price Index for WEST MIDLANDS was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £300,000 results in an estimated price of approximately £358,851.
18 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 149.7 | 19.617 % | £300,000 | £58,851 | £358,851 |
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 | -80.027 % | £-240,082 | £59,917 |
3 Month Average | 27.490 % | £82,468 | £382,468 |
6 Month Average | 29.789 % | £89,367 | £389,367 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jun 2024 | £190,000 | £190,000 | 6 HACKETT CLOSE |
1 Sep 2023 | £219,284 | £214,450 | 10 WADDELL CLOSE |
11 Aug 2023 | £178,214 | £175,000 | 15 WADDELL CLOSE |
22 Feb 2023 | £55,370 | £55,000 | 37 HALL LANE |
17 Jan 2023 | £162,935 | £162,500 | 61 HALL LANE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 14 Feb 2019. Using an estimated price of £358,851 means this house is valued at £4,272 per sq meter (£396 per sq foot).
The average size of a house on HALL LANE is 109 sq meters (1,181 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Hall Lane |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Hall Lane |
May 2024 | Violence and sexual offences | Offender given a caution | On or near Hall Lane |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Abney Drive |
Jun 2024 | Vehicle crime | Unable to prosecute suspect | On or near Hackett Close |