£228,565
This estimated value is based upon the latest sale price for the house of £185,000 on 21 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 |
|---|---|
| £185,000 | 21 Jun 2019 |
| 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 June 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £185,000 results in an estimated price of approximately £228,565.
| 21 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £185,000 | £43,565 | £228,565 |
The Postcode Pricing Model uses changes in average sales price within the WV14 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 | -4.844 % | £-8,961 | £176,038 |
| 3 Month Average | 20.359 % | £37,663 | £222,663 |
| 6 Month Average | 26.236 % | £48,535 | £233,535 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £135,506 | £133,500 | 33 SALCOMBE GROVE |
| 13 Sep 2023 | £167,137 | £165,000 | 84 SUMMERHILL ROAD |
| 13 Apr 2023 | £290,756 | £287,625 | 1 HIGHLAND MEWS |
| 1 Jul 2022 | £225,607 | £225,000 | 67 SUMMERHILL ROAD |
| 14 Apr 2022 | £218,832 | £212,500 | 2 HIGHLAND MEWS |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 3 Oct 2018. Using an estimated price of £228,565 means this house is valued at £2,597 per sq meter (£241 per sq foot).
The average size of a house on YEW TREE LANE is 91 sq meters (988 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Yew Tree Lane |
| Dec 2023 | Anti-social behaviour | On or near Yew Tree Lane | |
| Dec 2023 | Anti-social behaviour | On or near Yew Tree Lane | |
| Dec 2023 | Anti-social behaviour | On or near Yew Tree Lane | |
| Dec 2023 | Anti-social behaviour | On or near Yew Tree Lane |