£197,306
This estimated value is based upon the latest sale price for the house of £145,000 on 22 Mar 2016. 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 Clay Lane
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| Price Paid | Date |
|---|---|
| £145,000 | 22 Mar 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 March 2016 the House Price Index for WEST MIDLANDS was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £145,000 results in an estimated price of approximately £197,306.
| 22 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £145,000 | £52,306 | £197,306 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | 89.436 % | £129,682 | £274,682 |
| 3 Month Average | 57.632 % | £83,566 | £228,566 |
| 6 Month Average | 48.492 % | £70,313 | £215,313 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £240,461 | £235,000 | 213 ALDERSHAW ROAD |
| 25 Aug 2023 | £204,692 | £201,000 | 152 CLAY LANE |
| 6 Apr 2023 | £222,155 | £218,000 | 144 ALDERSHAW ROAD |
| 3 Feb 2023 | £241,614 | £240,000 | 209 ALDERSHAW ROAD |
| 30 Jan 2023 | £215,576 | £215,000 | 168 CLAY LANE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 15 Jan 2016. Using an estimated price of £197,307 means this house is valued at £2,989 per sq meter (£277 per sq foot).
The average size of a house on CLAY LANE is 82 sq meters (887 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Under investigation | On or near Clay Lane |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Clay Lane |
| Sep 2024 | Theft from the person | Unable to prosecute suspect | On or near Clay Lane |
| Aug 2024 | Anti-social behaviour | On or near Clay Lane | |
| Aug 2024 | Anti-social behaviour | On or near Clay Lane |