£175,543
This estimated value is based upon the latest sale price for the house of £143,000 on 3 Apr 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £143,000 | 3 Apr 2020 |
| £70,000 | 5 Oct 2015 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 2020 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.758%.Applying this 22.758% change to the original purchase price of £143,000 results in an estimated price of approximately £175,543.
| 3 Apr 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.758 % | £143,000 | £32,543 | £175,543 |
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 | -27.946 % | £-39,963 | £103,036 |
| 3 Month Average | 21.351 % | £30,532 | £173,532 |
| 6 Month Average | 48.937 % | £69,979 | £212,979 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2022 | £207,487 | £210,000 | 75 ST STEPHENS ROAD |
| 15 Jul 2022 | £180,486 | £180,000 | 201 MIDDLEMORE ROAD |
| 25 Feb 2022 | £78,652 | £75,000 | 5 LONES ROAD |
| 26 Nov 2021 | £157,901 | £146,000 | 10 ALBION ROAD |
| 23 Oct 2020 | £175,962 | £150,000 | 43 LONES ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 14 Aug 2015. Using an estimated price of £175,544 means this house is valued at £3,134 per sq meter (£291 per sq foot).
The average size of a house on HALFORDS LANE is 84 sq meters (914 sq feet).
This house is the smallest in the street with a floor area of 56 sq meters (602 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Lones Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Lones Road |
| Mar 2024 | Public order | Local resolution | On or near Halfords Lane |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Halfords Lane |
| Mar 2024 | Public order | Action to be taken by another organisation | On or near Halfords Lane |