£190,055
This estimated value is based upon the latest sale price for the house of £110,000 on 22 Jan 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £110,000 | 22 Jan 2010 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 January 2010 the House Price Index for WEST MIDLANDS was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.777%.Applying this 72.777% change to the original purchase price of £110,000 results in an estimated price of approximately £190,055.
| 22 Jan 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.777 % | £110,000 | £80,055 | £190,055 |
The Postcode Pricing Model uses changes in average sales price within the WV12 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 | 80.978 % | £89,075 | £199,075 |
| 3 Month Average | 68.990 % | £75,888 | £185,888 |
| 6 Month Average | 64.758 % | £71,233 | £181,233 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £234,712 | £227,500 | 160 BROAD LANE SOUTH |
| 1 Dec 2023 | £288,877 | £280,000 | 110 BROAD LANE SOUTH |
| 10 Nov 2023 | £250,355 | £244,000 | 47 MEADOW LANE |
| 28 Apr 2023 | £254,765 | £250,000 | 105 BROAD LANE SOUTH |
| 30 May 2022 | £220,751 | £215,000 | 70 MEADOW LANE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 9 Apr 2009. Using an estimated price of £190,055 means this house is valued at £2,375 per sq meter (£220 per sq foot).
The average size of a house on MEADOW LANE is 96 sq meters (1,034 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Meadow Lane |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Pool Hayes Lane |
| Oct 2024 | Anti-social behaviour | On or near The Broads | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Broads |
| Sep 2024 | Anti-social behaviour | On or near The Broads |