£382,479
This estimated value is based upon the latest sale price for the house of £288,750 on 10 Oct 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £288,750 | 10 Oct 2016 |
| Detached |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 2016 the House Price Index for WEST MIDLANDS was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £288,750 results in an estimated price of approximately £382,479.
| 10 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £288,750 | £93,729 | £382,479 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | -0.379 % | £-1,095 | £287,654 |
| 3 Month Average | 29.328 % | £84,684 | £373,434 |
| 6 Month Average | 38.267 % | £110,495 | £399,245 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £227,914 | £225,000 | 5A LINDEN AVENUE |
| 8 Jun 2023 | £139,186 | £137,500 | FLAT 2 LARKSPUR COURT NARROW LANE |
| 29 Jul 2022 | £273,236 | £272,500 | 2 WESTBOURNE ROAD |
| 15 Jul 2022 | £145,391 | £145,000 | FLAT 10 LARKSPUR COURT NARROW LANE |
| 25 Feb 2022 | £277,904 | £265,000 | 96 LYTTLETON AVENUE |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 2 Apr 2014. Using an estimated price of £382,480 means this house is valued at £2,771 per sq meter (£257 per sq foot).
The average size of a house on NARROW LANE is 98 sq meters (1,064 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Westbourne Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Westbourne Road |
| Mar 2024 | Burglary | Under investigation | On or near Halesowen Road |
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Halesowen Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New England |