£307,113
This estimated value is based upon the latest sale price for the house of £285,000 on 27 Sep 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £285,000 | 27 Sep 2021 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2021 the House Price Index for WEST MIDLANDS was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £285,000 results in an estimated price of approximately £307,113.
| 27 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £285,000 | £22,113 | £307,113 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | 24.287 % | £69,218 | £354,218 |
| 3 Month Average | -13.884 % | £-39,568 | £245,431 |
| 6 Month Average | -34.109 % | £-97,209 | £187,790 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £430,504 | £425,000 | 45 MOAT LANE |
| 30 Jun 2023 | £298,617 | £295,000 | 24 ANCHOR LANE |
| 24 Mar 2023 | £260,454 | £258,000 | 7 ANCHOR LANE |
| 17 Mar 2023 | £161,522 | £160,000 | 59 WHARF LANE |
| 4 Jul 2022 | £165,445 | £165,000 | APARTMENT 50 AVERY COURT WHARF LANE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 23 Aug 2012. Using an estimated price of £307,114 means this house is valued at £4,207 per sq meter (£390 per sq foot).
The average size of a house on ANCHOR LANE is 71 sq meters (767 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Anchor Lane |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Anchor Lane |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Anchor Lane |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Anchor Lane |
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Moat Lane |