£305,058
This estimated value is based upon the latest sale price for the house of £152,000 on 14 May 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£152,000 | 14 May 2004 |
£152,000 | 14 May 2004 |
Terraced |
Leasehold |
Floor Area: 88 sq meters or 955 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 May 2004 the House Price Index for WEST MIDLANDS was 73.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 100.696%.Applying this 100.696% change to the original purchase price of £152,000 results in an estimated price of approximately £305,058.
14 May 2004 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
73.7 | 148.0 | 100.696 % | £152,000 | £153,058 | £305,058 |
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 | 35.172 % | £53,462 | £205,462 |
3 Month Average | 79.059 % | £120,169 | £272,169 |
6 Month Average | 79.906 % | £121,457 | £273,457 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £159,539 | £159,000 | FLAT 1 139 HOLE LANE |
14 Jul 2023 | £411,392 | £407,500 | 2 MYTTON ROAD |
22 Feb 2023 | £308,541 | £310,000 | 265 HAY GREEN LANE |
24 Jan 2023 | £358,848 | £362,000 | 376 HAY GREEN LANE |
20 Apr 2022 | £405,128 | £395,000 | 141 HOLE LANE |
This house has a floor area of 88 sq meters or 955 sq feet when measured on 13 Jul 2011. Using an estimated price of £305,058 means this house is valued at £3,437 per sq meter (£319 per sq foot).
The average size of a house on HOLE LANE is 102 sq meters (1,106 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windmill Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windmill Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Windmill Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hole Lane |
Mar 2024 | Robbery | Under investigation | On or near Hole Lane |