£816,054
This estimated value is based upon the latest sale price for the house of £755,000 on 28 Jun 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £755,000 | 28 Jun 2021 |
| £183,000 | 11 May 2001 |
| Detached |
| Freehold |
| Floor Area: 210 sq meters or 2,260 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 2021 the House Price Index for WEST MIDLANDS was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £755,000 results in an estimated price of approximately £816,054.
| 28 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £755,000 | £61,054 | £816,054 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | -28.653 % | £-216,330 | £538,669 |
| 3 Month Average | -41.373 % | £-312,366 | £442,633 |
| 6 Month Average | -36.123 % | £-272,728 | £482,271 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £171,863 | £167,500 | FLAT 5 MONARCHS GATE, 74 YEW TREE LANE |
| 3 Nov 2023 | £764,404 | £745,000 | 22 BEECHNUT LANE |
| 8 Aug 2023 | £224,041 | £220,000 | FLAT 18 MONARCHS GATE, 74 YEW TREE LANE |
| 31 Mar 2023 | £219,668 | £216,000 | FLAT 23 DARLEY MEAD COURT HAMPTON LANE |
| 25 Nov 2022 | £522,557 | £525,000 | 16 YEW TREE LANE |
This house has a floor area of 210 sq meters or 2,260 sq feet when measured on 1 Jun 2021. Using an estimated price of £816,054 means this house is valued at £3,885 per sq meter (£361 per sq foot).
The average size of a house on HERONFIELD WAY is 308 sq meters (3,315 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Radford Rise |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Radford Rise |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Radford Rise |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Yew Tree Lane |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Yew Tree Lane |