£171,052
This estimated value is based upon the latest sale price for the house of £102,000 on 8 Nov 2006. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Hales Lane
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| Price Paid | Date |
|---|---|
| £102,000 | 8 Nov 2006 |
| £38,500 | 19 May 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 2006 the House Price Index for WEST MIDLANDS was 88.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.698%.Applying this 67.698% change to the original purchase price of £102,000 results in an estimated price of approximately £171,052.
| 8 Nov 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 148.6 | 67.698 % | £102,000 | £69,052 | £171,052 |
The Postcode Pricing Model uses changes in average sales price within the B67 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 | 49.922 % | £50,920 | £152,920 |
| 3 Month Average | 30.506 % | £31,115 | £133,115 |
| 6 Month Average | 45.620 % | £46,531 | £148,531 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £217,785 | £215,000 | 65 MANSION CRESCENT |
| 16 Mar 2023 | £186,760 | £185,000 | 44 HALES CRESCENT |
| 30 Nov 2022 | £144,253 | £146,000 | 15 GREENFIELD ROAD |
| 27 May 2022 | £239,513 | £235,000 | 87 MANSION CRESCENT |
| 29 Sep 2021 | £198,277 | £184,000 | 9 MANSION CRESCENT |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 13 Feb 2015. Using an estimated price of £171,052 means this house is valued at £2,715 per sq meter (£252 per sq foot).
The average size of a house on HALES LANE is 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Hales Lane |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hales Crescent |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hales Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hales Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hales Crescent |