£224,565
This estimated value is based upon the latest sale price for the house of £125,000 on 2 Sep 2009. 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 Barns Lane
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| Price Paid | Date |
|---|---|
| £125,000 | 2 Sep 2009 |
| £58,000 | 10 Dec 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 September 2009 the House Price Index for WEST MIDLANDS was 83.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.652%.Applying this 79.652% change to the original purchase price of £125,000 results in an estimated price of approximately £224,565.
| 2 Sep 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.3 | 149.7 | 79.652 % | £125,000 | £99,565 | £224,565 |
The Postcode Pricing Model uses changes in average sales price within the WS4 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 | 73.529 % | £91,911 | £216,911 |
| 3 Month Average | 47.612 % | £59,514 | £184,514 |
| 6 Month Average | 55.079 % | £68,848 | £193,848 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2024 | £161,402 | £160,000 | 109 BARNS LANE |
| 26 Mar 2024 | £213,277 | £210,000 | 5 RISCHALE WAY |
| 6 Dec 2023 | £206,340 | £200,000 | 18 QUEENS ROAD |
| 22 Mar 2023 | £238,991 | £235,000 | 111 BARNS LANE |
| 24 Feb 2023 | £251,681 | £250,000 | 49 BARNS LANE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 18 Nov 2008. Using an estimated price of £224,565 means this house is valued at £2,611 per sq meter (£242 per sq foot).
The average size of a house on BARNS LANE is 87 sq meters (939 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barns Lane |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Barns Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Barns Lane |
| Oct 2024 | Vehicle crime | Under investigation | On or near Earls Road |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Earls Road |