£155,762
This estimated value is based upon the latest sale price for the house of £113,000 on 11 Dec 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £113,000 | 11 Dec 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2015 the House Price Index for WEST MIDLANDS was 107.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 37.843%.Applying this 37.843% change to the original purchase price of £113,000 results in an estimated price of approximately £155,762.
| 11 Dec 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.0 | 37.843 % | £113,000 | £42,762 | £155,762 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | 13.910 % | £15,717 | £128,717 |
| 3 Month Average | 33.689 % | £38,068 | £151,068 |
| 6 Month Average | 56.816 % | £64,201 | £177,201 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £270,979 | £267,500 | 30 JAMES WATT STREET |
| 3 Mar 2023 | £189,022 | £188,000 | 100 COLES LANE |
| 6 Jan 2023 | £213,128 | £215,000 | 21 JAMES WATT STREET |
| 31 Oct 2022 | £199,041 | £202,000 | 112 COLES LANE |
| 29 Jul 2022 | £177,760 | £178,000 | 151 WITTON LANE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 17 Mar 2015. Using an estimated price of £155,762 means this house is valued at £1,770 per sq meter (£164 per sq foot).
The average size of a house on WITTON LANE is 77 sq meters (832 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Unable to prosecute suspect | On or near Leacroft Grove |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greenwood Road |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Greenwood Road |
| Apr 2024 | Anti-social behaviour | On or near Edwin Phillips Drive | |
| Apr 2024 | Anti-social behaviour | On or near Edwin Phillips Drive |