£116,145
This estimated value is based upon the latest sale price for the house of £30,000 on 31 Mar 2000. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £30,000 | 31 Mar 2000 |
| £28,000 | 7 Feb 2000 |
| Terraced |
| 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 March 2000 the House Price Index for WEST MIDLANDS was 38.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 287.153%.Applying this 287.153% change to the original purchase price of £30,000 results in an estimated price of approximately £116,145.
| 31 Mar 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 38.4 | 148.6 | 287.153 % | £30,000 | £86,145 | £116,145 |
The Postcode Pricing Model uses changes in average sales price within the B66 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 | 72.572 % | £21,771 | £51,771 |
| 3 Month Average | 288.053 % | £86,415 | £116,415 |
| 6 Month Average | 342.909 % | £102,872 | £132,872 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £242,118 | £240,000 | 187 WINDMILL LANE |
| 22 Jun 2022 | £187,652 | £185,000 | 34 WINDMILL LANE |
| 24 May 2022 | £749,115 | £735,000 | 32 THOMAS STREET |
| 12 Oct 2021 | £43,153 | £39,000 | FLAT 9 UNETT COURT ST MATTHEWS ROAD |
| 30 Sep 2021 | £226,294 | £210,000 | 1B WINDMILL CRESCENT |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 26 Feb 2018. Using an estimated price of £116,146 means this house is valued at £1,548 per sq meter (£143 per sq foot).
The average size of a house on WINDMILL LANE is 88 sq meters (953 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Windmill Precinct |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near St Matthews Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Matthews Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Matthews Road |
| Mar 2024 | Possession of weapons | Under investigation | On or near Shopping Area |