£264,179
This estimated value is based upon the latest sale price for the house of £215,000 on 10 Jan 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £215,000 | 10 Jan 2020 |
| Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 January 2020 the House Price Index for WEST MIDLANDS was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £215,000 results in an estimated price of approximately £264,179.
| 10 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £215,000 | £49,179 | £264,179 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | 96.297 % | £207,037 | £422,037 |
| 3 Month Average | 23.112 % | £49,691 | £264,691 |
| 6 Month Average | 23.422 % | £50,356 | £265,356 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £233,425 | £227,500 | 23A HOWLEY GRANGE ROAD |
| 18 Aug 2023 | £672,122 | £660,000 | 73 STUART ROAD |
| 17 Aug 2023 | £254,592 | £250,000 | 193 SPIES LANE |
| 4 Aug 2023 | £392,071 | £385,000 | 36 ASTLEY AVENUE |
| 12 Aug 2022 | £318,489 | £317,000 | 201 SPIES LANE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 6 Sep 2018. Using an estimated price of £264,180 means this house is valued at £3,942 per sq meter (£366 per sq foot).
The average size of a house on SPIES LANE is 87 sq meters (938 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Shoplifting | Under investigation | On or near Spies Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Spies Lane |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spies Lane |
| Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Spies Lane |
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near Spies Lane |