£364,816
This estimated value is based upon the latest sale price for the house of £295,000 on 28 Apr 2020. 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 Gate Lane
More crime details
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| Price Paid | Date |
|---|---|
| £295,000 | 28 Apr 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 200 sq meters or 2,152 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 2020 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.667%.Applying this 23.667% change to the original purchase price of £295,000 results in an estimated price of approximately £364,816.
| 28 Apr 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.667 % | £295,000 | £69,816 | £364,816 |
The Postcode Pricing Model uses changes in average sales price within the B16 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 | -7.984 % | £-23,554 | £271,445 |
| 3 Month Average | -3.835 % | £-11,312 | £283,687 |
| 6 Month Average | 9.636 % | £28,425 | £323,425 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2023 | £135,068 | £132,000 | 9 SOUTHFIELD AVENUE |
| 23 Jun 2023 | £255,061 | £249,950 | 8 ASHES LANE |
| 15 Mar 2022 | £246,544 | £236,168 | 11 WICKET DRIVE |
| 25 Jun 2021 | £492,875 | £456,000 | 7 WICKET DRIVE |
| 18 Jun 2021 | £222,658 | £206,000 | 11 GATE LANE |
This house has a floor area of 200 sq meters or 2,152 sq feet when measured on 8 Aug 2019. Using an estimated price of £364,816 means this house is valued at £1,824 per sq meter (£169 per sq foot).
The average size of a house on CITY ROAD is 176 sq meters (1,901 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Gate Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Gate Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Gate Lane |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Gate Lane |
| Sep 2024 | Vehicle crime | Unable to prosecute suspect | On or near Gate Lane |