£358,772
This estimated value is based upon the latest sale price for the house of £290,000 on 21 Mar 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £290,000 | 21 Mar 2018 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 March 2018 the House Price Index for WEST MIDLANDS was 118.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.715%.Applying this 23.715% change to the original purchase price of £290,000 results in an estimated price of approximately £358,772.
| 21 Mar 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 146.7 | 23.715 % | £290,000 | £68,772 | £358,772 |
The Postcode Pricing Model uses changes in average sales price within the DY3 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 | 112.546 % | £326,382 | £616,382 |
| 3 Month Average | 30.918 % | £89,661 | £379,661 |
| 6 Month Average | 29.842 % | £86,542 | £376,542 |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 7 Sep 2017.
The average size of a house on HOPYARD LANE is 130 sq meters (1,409 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hopyard Lane |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Brick Kiln Lane |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Brick Kiln Lane |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Brick Kiln Lane |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Brick Kiln Lane |