£149,729
This estimated value is based upon the latest sale price for the house of £122,000 on 6 Nov 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £122,000 | 6 Nov 2018 |
| £65,000 | 17 Aug 2005 |
| £55,000 | 25 May 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 899 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 November 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.729%.Applying this 22.729% change to the original purchase price of £122,000 results in an estimated price of approximately £149,729.
| 6 Nov 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.0 | 22.729 % | £122,000 | £27,729 | £149,729 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | -8.735 % | £-10,657 | £111,342 |
| 3 Month Average | 14.437 % | £17,613 | £139,613 |
| 6 Month Average | 28.400 % | £34,647 | £156,647 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2023 | £221,196 | £220,000 | 61 COLES LANE |
| 3 Mar 2023 | £189,022 | £188,000 | 100 COLES LANE |
| 31 Oct 2022 | £199,041 | £202,000 | 112 COLES LANE |
| 30 Sep 2022 | £98,798 | £100,000 | 5 HEREFORD PLACE |
| 29 Jul 2022 | £177,760 | £178,000 | 151 WITTON LANE |
This house has a floor area of 83 sq meters or 899 sq feet when measured on 24 Jan 2011. Using an estimated price of £149,729 means this house is valued at £1,791 per sq meter (£166 per sq foot).
The average size of a house on COLES LANE is 85 sq meters (922 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near Leacroft Grove |
| Apr 2024 | Anti-social behaviour | On or near Edwin Phillips Drive | |
| Apr 2024 | Anti-social behaviour | On or near Edwin Phillips Drive | |
| Apr 2024 | Anti-social behaviour | On or near Edwin Phillips Drive | |
| Apr 2024 | Anti-social behaviour | On or near Edwin Phillips Drive |