£146,977
This estimated value is based upon the latest sale price for the house of £89,500 on 5 Jan 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £89,500 | 5 Jan 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 January 2007 the House Price Index for WEST MIDLANDS was 90.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.221%.Applying this 64.221% change to the original purchase price of £89,500 results in an estimated price of approximately £146,977.
| 5 Jan 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.5 | 148.6 | 64.221 % | £89,500 | £57,477 | £146,977 |
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 | 36.228 % | £32,423 | £121,923 |
| 3 Month Average | 51.562 % | £46,148 | £135,648 |
| 6 Month Average | 68.532 % | £61,336 | £150,836 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £172,202 | £170,000 | 20 COCKSHEDS LANE |
| 18 Sep 2023 | £222,849 | £220,000 | 15 HAYWOOD DRIVE |
| 12 Sep 2023 | £180,305 | £178,000 | 79 MALT MILL LANE |
| 11 Sep 2023 | £455,828 | £450,000 | UNIT 10 ACORN PARK VERNON ROAD |
| 1 Sep 2023 | £184,357 | £182,000 | 54 MALT MILL LANE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 3 Jan 2015. Using an estimated price of £146,977 means this house is valued at £1,959 per sq meter (£182 per sq foot).
The average size of a house on OLIVE LANE is 85 sq meters (915 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Meadow Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Road |