£152,936
This estimated value is based upon the latest sale price for the house of £125,000 on 21 Feb 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £125,000 | 21 Feb 2020 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 February 2020 the House Price Index for WEST MIDLANDS was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £125,000 results in an estimated price of approximately £152,936.
| 21 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £125,000 | £27,936 | £152,936 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | -29.256 % | £-36,569 | £88,430 |
| 3 Month Average | -6.545 % | £-8,181 | £116,818 |
| 6 Month Average | 5.959 % | £7,449 | £132,449 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £123,326 | £121,500 | 150A PARK ROAD |
| 3 Nov 2023 | £215,186 | £212,000 | 14 WEST ROAD |
| 18 Sep 2023 | £319,080 | £315,000 | 139 PARK ROAD |
| 31 Jul 2023 | £217,933 | £215,000 | 33 SLADE ROAD |
| 24 Jul 2023 | £385,184 | £380,000 | 143 PARK ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 19 Oct 2019. Using an estimated price of £152,936 means this house is valued at £1,960 per sq meter (£182 per sq foot).
The average size of a house on BARRACK LANE is 125 sq meters (1,351 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lulworth Close |
| Mar 2024 | Public order | Under investigation | On or near Lulworth Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Benjamin Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Park Road |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Park Road |