£278,784
This estimated value is based upon the latest sale price for the house of £165,000 on 30 Apr 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £165,000 | 30 Apr 2013 |
| £85,000 | 5 Aug 1999 |
| £85,000 | 5 Aug 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,411 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 2013 the House Price Index for WEST MIDLANDS was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.960%.Applying this 68.960% change to the original purchase price of £165,000 results in an estimated price of approximately £278,784.
| 30 Apr 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 149.7 | 68.960 % | £165,000 | £113,784 | £278,784 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 39.097 % | £64,509 | £229,509 |
| 3 Month Average | 57.963 % | £95,639 | £260,639 |
| 6 Month Average | 48.414 % | £79,883 | £244,883 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £413,592 | £410,000 | 151 CASTLE LANE |
| 11 Oct 2023 | £273,205 | £267,000 | 23 BROADWELL ROAD |
| 29 Sep 2023 | £276,086 | £270,000 | 157 CASTLE LANE |
| 14 Apr 2023 | £373,995 | £367,000 | 51 KIMBERLEY ROAD |
| 12 Apr 2023 | £374,505 | £367,500 | 153 CASTLE LANE |
This house has a floor area of 131 sq meters or 1,411 sq feet when measured on 10 Sep 2010. Using an estimated price of £278,785 means this house is valued at £2,125 per sq meter (£197 per sq foot).
The average size of a house on CASTLE LANE is 85 sq meters (915 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kimberley Road |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Kimberley Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kimberley Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kimberley Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle Lane |