£117,230
This estimated value is based upon the latest sale price for the house of £65,000 on 20 Jan 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 Little Cott Lane
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| Price Paid | Date |
|---|---|
| £65,000 | 20 Jan 2006 |
| £52,500 | 13 Feb 2004 |
| £31,000 | 1 Jun 2001 |
| Terraced |
| 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 January 2006 the House Price Index for WEST MIDLANDS was 83.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 80.355%.Applying this 80.355% change to the original purchase price of £65,000 results in an estimated price of approximately £117,230.
| 20 Jan 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.0 | 149.7 | 80.355 % | £65,000 | £52,230 | £117,230 |
The Postcode Pricing Model uses changes in average sales price within the B45 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 | 84.493 % | £54,920 | £119,920 |
| 3 Month Average | 65.068 % | £42,294 | £107,294 |
| 6 Month Average | 82.522 % | £53,639 | £118,639 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2024 | £120,000 | £120,000 | 485 TESSALL LANE |
| 20 Dec 2023 | £184,159 | £178,500 | 24 CORIANDER CLOSE |
| 25 Apr 2023 | £173,240 | £170,000 | 102 CRYCHAN CLOSE |
| 10 Mar 2023 | £212,550 | £209,000 | 144 FROGMILL ROAD |
| 28 Oct 2022 | £271,593 | £272,500 | 38 ILLEY CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Little Cott Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Coriander Close |
| Oct 2024 | Anti-social behaviour | On or near Coriander Close | |
| Jul 2024 | Anti-social behaviour | On or near Coriander Close | |
| Jul 2024 | Anti-social behaviour | On or near Coriander Close |