£333,591
This estimated value is based upon the latest sale price for the house of £330,000 on 19 Apr 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £330,000 | 19 Apr 2023 |
| £150,000 | 7 Jul 2003 |
| £40,000 | 21 Feb 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 April 2023 the House Price Index for WEST MIDLANDS was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £330,000 results in an estimated price of approximately £333,591.
| 19 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 148.6 | 1.088 % | £330,000 | £3,591 | £333,591 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | 10.076 % | £33,249 | £363,249 |
| 3 Month Average | -3.633 % | £-11,990 | £318,009 |
| 6 Month Average | 3.695 % | £12,193 | £342,193 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £358,133 | £355,000 | 117 SPIES LANE |
| 11 Aug 2023 | £131,147 | £130,000 | FLAT 30 PEGASUS COURT SPIES LANE |
| 8 Aug 2023 | £141,236 | £140,000 | FLAT 23 PEGASUS COURT SPIES LANE |
| 14 Jul 2023 | £146,978 | £145,000 | FLAT 22 PEGASUS COURT SPIES LANE |
| 16 Jun 2023 | £253,065 | £250,000 | 154 SPIES LANE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 6 May 2016. Using an estimated price of £333,592 means this house is valued at £3,474 per sq meter (£322 per sq foot).
The average size of a house on SPIES LANE is 87 sq meters (938 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |