£407,313
This estimated value is based upon the latest sale price for the house of £324,000 on 7 Dec 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Newent Road
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| Price Paid | Date |
|---|---|
| £324,000 | 7 Dec 2017 |
| £235,000 | 19 Nov 2014 |
| £195,000 | 20 Dec 2013 |
| Semi-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 December 2017 the House Price Index for WEST MIDLANDS was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £324,000 results in an estimated price of approximately £407,313.
| 7 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £324,000 | £83,313 | £407,313 |
The Postcode Pricing Model uses changes in average sales price within the B31 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 | 5.121 % | £16,591 | £340,591 |
| 3 Month Average | 30.850 % | £99,953 | £423,953 |
| 6 Month Average | 33.119 % | £107,306 | £431,306 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £304,508 | £300,000 | 174 HOLE LANE |
| 21 Sep 2023 | £445,699 | £440,000 | 224 HOLE LANE |
| 18 Aug 2023 | £15,637 | £15,500 | 22 HOLE FARM ROAD |
| 31 Jul 2023 | £451,071 | £445,000 | 215 HOLE LANE |
| 26 Jul 2022 | £431,161 | £430,000 | 304 HEATH ROAD SOUTH |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 28 Nov 2013. Using an estimated price of £407,314 means this house is valued at £6,079 per sq meter (£564 per sq foot).
The average size of a house on HOLE LANE is 102 sq meters (1,103 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Newent Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hole Farm Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Claines Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lindsey Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lindsey Avenue |