£225,295
This estimated value is based upon the latest sale price for the house of £39,950 on 21 Jun 1996. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Park Lane
More crime details
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| Price Paid | Date |
|---|---|
| £39,950 | 21 Jun 1996 |
| £29,000 | 18 Mar 1996 |
| Semi-Detached |
| Leasehold |
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 1996 the House Price Index for WEST MIDLANDS was 26.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 463.944%.Applying this 463.944% change to the original purchase price of £39,950 results in an estimated price of approximately £225,295.
| 21 Jun 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 149.7 | 463.944 % | £39,950 | £185,345 | £225,295 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 517.438 % | £206,716 | £246,666 |
| 3 Month Average | 325.997 % | £130,235 | £170,185 |
| 6 Month Average | 318.837 % | £127,375 | £167,325 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £64,997 | £63,000 | 28 PIPPIN AVENUE |
| 1 Dec 2023 | £268,243 | £260,000 | 83 LONG INNAGE |
| 10 Nov 2023 | £277,032 | £270,000 | 39 LONG INNAGE |
| 22 Sep 2023 | £219,846 | £215,000 | 11 PIPPIN AVENUE |
| 11 Aug 2023 | £70,777 | £69,500 | 22 PIPPIN AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Park Lane |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Park Lane |
| Jul 2024 | Other crime | Investigation complete; no suspect identified | On or near Park Ridge Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Long Innage |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Long Innage |