£171,118
This estimated value is based upon the latest sale price for the house of £148,000 on 4 Dec 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 Barns Lane
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| Price Paid | Date |
|---|---|
| £148,000 | 4 Dec 2020 |
| £123,000 | 27 Apr 2018 |
| £114,500 | 18 Apr 2008 |
| £91,000 | 11 Apr 2006 |
| Terraced |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 December 2020 the House Price Index for WEST MIDLANDS was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £148,000 results in an estimated price of approximately £171,118.
| 4 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £148,000 | £23,118 | £171,118 |
The Postcode Pricing Model uses changes in average sales price within the WS4 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 | 46.173 % | £68,336 | £216,336 |
| 3 Month Average | 15.596 % | £23,081 | £171,081 |
| 6 Month Average | 20.605 % | £30,495 | £178,495 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £213,277 | £210,000 | 5 RISCHALE WAY |
| 11 Aug 2023 | £187,380 | £184,000 | 150 BARNS LANE |
| 30 Jun 2023 | £250,010 | £245,000 | 69 QUEENS ROAD |
| 4 Apr 2023 | £239,479 | £235,000 | 216 BARNS LANE |
| 16 Nov 2022 | £179,162 | £180,000 | 214 BARNS LANE |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 4 Dec 2017. Using an estimated price of £171,119 means this house is valued at £3,492 per sq meter (£324 per sq foot).
The average size of a house on BARNS LANE is 87 sq meters (939 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Barns Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barns Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Barns Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Pool View |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pool View |