£88,368
This estimated value is based upon the latest sale price for the house of £71,000 on 28 Jun 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £71,000 | 28 Jun 2019 |
| £62,000 | 22 Apr 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £71,000 results in an estimated price of approximately £88,368.
| 28 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £71,000 | £17,368 | £88,368 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 72.909 % | £51,765 | £122,765 |
| 3 Month Average | 22.245 % | £15,793 | £86,793 |
| 6 Month Average | 16.105 % | £11,434 | £82,434 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £203,121 | £200,000 | 141 LYDE GREEN |
| 28 Jun 2023 | £71,431 | £70,000 | 176 APPERLEY WAY |
| 23 Jun 2023 | £89,800 | £88,000 | 40 NETHEREND LANE |
| 23 Jun 2023 | £58,676 | £57,500 | 44 NETHEREND LANE |
| 31 Mar 2023 | £60,002 | £59,000 | 30 NETHEREND LANE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 6 Dec 2018. Using an estimated price of £88,369 means this house is valued at £1,841 per sq meter (£171 per sq foot).
The average size of a house on NETHEREND LANE is 55 sq meters (598 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Netherend Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Netherend Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Netherend Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wiltshire Drive |
| Jun 2024 | Anti-social behaviour | On or near Maypole Hill |