£143,745
This estimated value is based upon the latest sale price for the house of £119,000 on 26 Aug 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £119,000 | 26 Aug 2020 |
| £95,000 | 7 Jul 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 August 2020 the House Price Index for WEST MIDLANDS was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £119,000 results in an estimated price of approximately £143,745.
| 26 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £119,000 | £24,745 | £143,745 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | -19.907 % | £-23,689 | £95,310 |
| 3 Month Average | 10.287 % | £12,241 | £131,241 |
| 6 Month Average | 19.274 % | £22,935 | £141,935 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £198,582 | £195,000 | 68 EMERSON ROAD |
| 9 Jun 2023 | £173,476 | £170,000 | 148 OLD FALLINGS LANE |
| 19 Apr 2023 | £86,620 | £85,000 | 23 PRIMROSE LANE |
| 11 Oct 2022 | £186,377 | £187,000 | 9 ST CHADS ROAD |
| 28 Feb 2022 | £190,162 | £180,000 | 7 PRIMROSE LANE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 17 Jun 2020. Using an estimated price of £143,745 means this house is valued at £1,774 per sq meter (£164 per sq foot).
The average size of a house on OLD FALLINGS LANE is 101 sq meters (1,090 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Robbery | Under investigation | On or near Neve Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Neve Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Neve Avenue |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Neve Avenue |
| Jul 2024 | Robbery | Awaiting court outcome | On or near Neve Avenue |