£189,739
This estimated value is based upon the latest sale price for the house of £151,000 on 15 May 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Old Fallings Lane
More crime details
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| Price Paid | Date |
|---|---|
| £151,000 | 15 May 2018 |
| £52,000 | 21 Dec 2000 |
| Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2018 the House Price Index for WEST MIDLANDS was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £151,000 results in an estimated price of approximately £189,739.
| 15 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £151,000 | £38,739 | £189,739 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | -6.903 % | £-10,423 | £140,576 |
| 3 Month Average | 23.199 % | £35,030 | £186,030 |
| 6 Month Average | 24.131 % | £36,438 | £187,438 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £175,699 | £173,000 | 92A OLD FALLINGS LANE |
| 19 Apr 2023 | £86,620 | £85,000 | 23 PRIMROSE LANE |
| 11 Apr 2023 | £195,660 | £192,000 | 115 OLD FALLINGS LANE |
| 11 Oct 2022 | £186,377 | £187,000 | 9 ST CHADS ROAD |
| 11 Jul 2022 | £176,771 | £175,000 | 3 CROFT LANE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 3 Oct 2017. Using an estimated price of £189,739 means this house is valued at £2,529 per sq meter (£235 per sq foot).
The average size of a house on OLD FALLINGS LANE is 101 sq meters (1,090 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Old Fallings Lane |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Old Fallings Lane |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Old Fallings Lane |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Fallings Lane |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Fallings Lane |