£168,337
This estimated value is based upon the latest sale price for the house of £137,000 on 15 Jan 2020. 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 Barns Lane
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| Price Paid | Date |
|---|---|
| £137,000 | 15 Jan 2020 |
| £122,500 | 23 Feb 2018 |
| £93,950 | 3 Jul 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 797 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 2020 the House Price Index for WEST MIDLANDS was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £137,000 results in an estimated price of approximately £168,337.
| 15 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £137,000 | £31,337 | £168,337 |
The Postcode Pricing Model uses changes in average sales price within the WS4 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 | 49.734 % | £68,135 | £205,135 |
| 3 Month Average | 31.142 % | £42,665 | £179,665 |
| 6 Month Average | 33.346 % | £45,683 | £182,683 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2024 | £161,402 | £160,000 | 109 BARNS LANE |
| 8 Dec 2023 | £340,462 | £330,000 | 40 THE PARKWAY |
| 6 Dec 2023 | £206,340 | £200,000 | 18 QUEENS ROAD |
| 22 Mar 2023 | £238,991 | £235,000 | 111 BARNS LANE |
| 24 Feb 2023 | £251,681 | £250,000 | 49 BARNS LANE |
This house has a floor area of 74 sq meters or 797 sq feet when measured on 3 Dec 2009. Using an estimated price of £168,338 means this house is valued at £2,272 per sq meter (£211 per sq foot).
The average size of a house on BARNS LANE is 87 sq meters (939 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barns Lane |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Barns Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Barns Lane |
| Oct 2024 | Vehicle crime | Under investigation | On or near The Parkway |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Willowside |