£534,268
This estimated value is based upon the latest sale price for the house of £315,000 on 29 Jun 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £315,000 | 29 Jun 2012 |
| £245,000 | 2 Aug 2005 |
| £119,000 | 3 Dec 1999 |
| Detached |
| Freehold |
| Floor Area: 153 sq meters or 1,646 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 2012 the House Price Index for WEST MIDLANDS was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £315,000 results in an estimated price of approximately £534,268.
| 29 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.609 % | £315,000 | £219,268 | £534,268 |
The Postcode Pricing Model uses changes in average sales price within the WV3 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 | 57.421 % | £180,876 | £495,876 |
| 3 Month Average | 24.741 % | £77,935 | £392,935 |
| 6 Month Average | 36.573 % | £115,203 | £430,203 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £223,306 | £220,000 | 69 BHYLLS LANE |
| 14 Jul 2023 | £251,890 | £248,500 | 19 ORCHARD CRESCENT |
| 17 Feb 2023 | £317,786 | £318,000 | 76 BHYLLS LANE |
| 20 Apr 2022 | £372,787 | £362,000 | 11 BHYLLS LANE |
| 21 Mar 2022 | £236,268 | £228,000 | 8 ORCHARD CRESCENT |
This house has a floor area of 153 sq meters or 1,646 sq feet when measured on 12 Apr 2012. Using an estimated price of £534,269 means this house is valued at £3,491 per sq meter (£324 per sq foot).
The average size of a house on BHYLLS LANE is 104 sq meters (1,128 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bhylls Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Bhylls Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Bhylls Lane |
| Dec 2023 | Other crime | Investigation complete; no suspect identified | On or near Bhylls Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Court |