£222,394
This estimated value is based upon the latest sale price for the house of £180,000 on 29 Nov 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £180,000 | 29 Nov 2019 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 November 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £180,000 results in an estimated price of approximately £222,394.
| 29 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £180,000 | £42,394 | £222,394 |
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 | 44.076 % | £79,336 | £259,336 |
| 3 Month Average | 12.724 % | £22,902 | £202,902 |
| 6 Month Average | 17.846 % | £32,123 | £212,123 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £279,291 | £275,000 | 31 GLEADS CROFT |
| 1 Mar 2024 | £243,745 | £240,000 | 39 STANMORE GROVE |
| 28 Feb 2023 | £251,681 | £250,000 | 2A LYE CLOSE LANE |
| 19 Jul 2022 | £272,733 | £270,000 | 8 GLEADS CROFT |
| 30 Mar 2022 | £281,862 | £270,000 | 23 STANMORE GROVE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 17 Sep 2019. Using an estimated price of £222,394 means this house is valued at £3,046 per sq meter (£283 per sq foot).
The average size of a house on CARTERS LANE is 114 sq meters (1,229 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Gleads Croft |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gleads Croft |
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Eldon Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Eldon Road |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Eldon Road |