£314,335
This estimated value is based upon the latest sale price for the house of £203,000 on 27 Jun 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£203,000 | 27 Jun 2014 |
£117,500 | 24 Aug 2001 |
Semi-Detached |
Freehold |
Floor Area: 93 sq meters or 1,001 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 June 2014 the House Price Index for WEST MIDLANDS was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £203,000 results in an estimated price of approximately £314,335.
27 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.7 | 149.7 | 54.845 % | £203,000 | £111,335 | £314,335 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | 82.700 % | £167,880 | £370,880 |
3 Month Average | 75.174 % | £152,602 | £355,602 |
6 Month Average | 71.587 % | £145,322 | £348,322 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £325,830 | £323,000 | 129 BARROWS LANE |
2 Nov 2023 | £297,553 | £290,000 | 80 VERA ROAD |
12 Jun 2023 | £311,237 | £305,000 | 139 BARROWS LANE |
17 Apr 2023 | £305,718 | £300,000 | 126 MOAT LANE |
3 Feb 2023 | £255,708 | £254,000 | 78 CHARLBURY CRESCENT |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 1 Feb 2014. Using an estimated price of £314,336 means this house is valued at £3,379 per sq meter (£314 per sq foot).
The average size of a house on BARROWS LANE is 93 sq meters (1,007 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Vera Road |
Jul 2024 | Anti-social behaviour | On or near Vera Road | |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vera Road |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Vera Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vera Road |