£1,186,030
This estimated value is based upon the latest sale price for the house of £197,500 on 12 Oct 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Bower Lane
More crime details
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| Price Paid | Date |
|---|---|
| £197,500 | 12 Oct 2023 |
| £170,000 | 24 Aug 2021 |
| £135,000 | 9 Apr 2020 |
| £106,000 | 22 Feb 2019 |
| £30,000 | 4 May 2001 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 2023 the House Price Index for WEST MIDLANDS was 24.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 500.522%.Applying this 500.522% change to the original purchase price of £197,500 results in an estimated price of approximately £1,186,030.
| 12 Oct 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 146.7 | 500.522 % | £197,500 | £988,530 | £1,186,030 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 13.268 % | £26,203 | £223,703 |
| 3 Month Average | -14.164 % | £-27,974 | £169,525 |
| 6 Month Average | -6.401 % | £-12,642 | £184,857 |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 7 Nov 2017.
There is one other house on the street which we know the size of, this is 2 MAYPOLE FIELDS it is 65.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Bower Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Bower Lane |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stour Hill |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stour Hill |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Street |