£224,715
This estimated value is based upon the latest sale price for the house of £134,000 on 21 Nov 2006. 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 Burney Lane
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| Price Paid | Date |
|---|---|
| £134,000 | 21 Nov 2006 |
| £50,500 | 15 Jun 2001 |
| £25,000 | 15 Jan 1999 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 November 2006 the House Price Index for WEST MIDLANDS was 88.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.698%.Applying this 67.698% change to the original purchase price of £134,000 results in an estimated price of approximately £224,715.
| 21 Nov 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 148.6 | 67.698 % | £134,000 | £90,715 | £224,715 |
The Postcode Pricing Model uses changes in average sales price within the B8 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 | 42.312 % | £56,697 | £190,697 |
| 3 Month Average | 2.818 % | £3,776 | £137,776 |
| 6 Month Average | 25.139 % | £33,686 | £167,686 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £213,871 | £212,000 | 290 COTTERILLS LANE |
| 20 Apr 2023 | £254,743 | £252,000 | 63 STECHFORD LANE |
| 15 Oct 2021 | £132,777 | £120,000 | 151 BURNEY LANE |
| 16 Jul 2021 | £241,346 | £210,000 | 312 COTTERILLS LANE |
| 3 Dec 2020 | £142,890 | £124,500 | 317 COTTERILLS LANE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 5 Dec 2013. Using an estimated price of £224,716 means this house is valued at £2,996 per sq meter (£278 per sq foot).
The average size of a house on BURNEY LANE is 96 sq meters (1,037 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Burney Lane | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Burney Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Burney Lane |
| Mar 2024 | Burglary | Under investigation | On or near Burney Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burney Lane |