£380,631
This estimated value is based upon the latest sale price for the house of £285,000 on 20 Jun 2016. 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 Newent Road
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| Price Paid | Date |
|---|---|
| £285,000 | 20 Jun 2016 |
| £250,000 | 2 Oct 2014 |
| £48,000 | 1 Sep 1999 |
| £105,000 | 18 Aug 1995 |
| Terraced |
| Leasehold |
| Floor Area: 117 sq meters or 1,259 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 June 2016 the House Price Index for WEST MIDLANDS was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £285,000 results in an estimated price of approximately £380,631.
| 20 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £285,000 | £95,631 | £380,631 |
The Postcode Pricing Model uses changes in average sales price within the B31 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 | 3.454 % | £9,843 | £294,843 |
| 3 Month Average | 37.504 % | £106,886 | £391,886 |
| 6 Month Average | 37.240 % | £106,134 | £391,134 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £445,699 | £440,000 | 224 HOLE LANE |
| 31 Jul 2023 | £451,071 | £445,000 | 215 HOLE LANE |
| 14 Jun 2023 | £151,839 | £150,000 | FLAT 12 NORMID COURT, 33 BUNBURY ROAD |
| 15 Nov 2022 | £291,469 | £295,000 | 47 BUNBURY ROAD |
| 9 Aug 2022 | £588,416 | £590,000 | 230 HOLE LANE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 17 Jun 2014. Using an estimated price of £380,632 means this house is valued at £3,253 per sq meter (£302 per sq foot).
The average size of a house on HOLE LANE is 102 sq meters (1,103 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Newent Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bunbury Road |
| Feb 2024 | Burglary | Awaiting court outcome | On or near Bunbury Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bunbury Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bunbury Road |