£238,161
This estimated value is based upon the latest sale price for the house of £140,000 on 1 Oct 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £140,000 | 1 Oct 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 924 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 2010 the House Price Index for WEST MIDLANDS was 87.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.115%.Applying this 70.115% change to the original purchase price of £140,000 results in an estimated price of approximately £238,161.
| 1 Oct 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 148.6 | 70.115 % | £140,000 | £98,161 | £238,161 |
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 | 90.483 % | £126,676 | £266,676 |
| 3 Month Average | 55.584 % | £77,817 | £217,817 |
| 6 Month Average | 62.543 % | £87,560 | £227,560 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jun 2023 | £170,060 | £168,000 | 4 LANGLEY AVENUE |
| 2 Aug 2022 | £184,503 | £185,000 | 7 LANGLEY AVENUE |
| 26 Jul 2022 | £180,486 | £180,000 | 15 BANK STREET |
| 22 Dec 2021 | £187,491 | £175,000 | 639 BIRMINGHAM NEW ROAD |
| 30 Nov 2021 | £207,651 | £192,000 | 11 BANK STREET |
This house has a floor area of 85 sq meters or 924 sq feet when measured on 7 Oct 2009. Using an estimated price of £238,161 means this house is valued at £2,771 per sq meter (£257 per sq foot).
The average size of a house on IVYHOUSE LANE is 100 sq meters (1,077 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Henne Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langley Avenue |
| Feb 2024 | Anti-social behaviour | On or near Langley Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Langley Avenue | |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Langley Avenue |