£332,458
This estimated value is based upon the latest sale price for the house of £274,000 on 26 Mar 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £274,000 | 26 Mar 2020 |
| £274,000 | 26 Mar 2020 |
| Semi-Detached |
| Leasehold |
| Floor Area: 85 sq meters or 914 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 2020 the House Price Index for WEST MIDLANDS was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £274,000 results in an estimated price of approximately £332,458.
| 26 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £274,000 | £58,458 | £332,458 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 67.191 % | £184,102 | £458,102 |
| 3 Month Average | 18.850 % | £51,648 | £325,648 |
| 6 Month Average | 9.768 % | £26,763 | £300,763 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Mar 2023 | £162,717 | £160,000 | FLAT 9 CHERRYWOOD COURT MOORDOWN AVENUE |
| 17 Mar 2023 | £230,855 | £227,000 | 145 HIGHWOOD AVENUE |
| 1 Jun 2022 | £155,933 | £152,600 | FLAT 6 CHERRYWOOD COURT MOORDOWN AVENUE |
| 26 May 2022 | £154,012 | £150,000 | 23 HOBS MEADOW |
| 23 May 2022 | £221,008 | £215,250 | 134 HIGHWOOD AVENUE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 5 Nov 2019. Using an estimated price of £332,459 means this house is valued at £3,911 per sq meter (£363 per sq foot).
The average size of a house on CASTLE LANE is 85 sq meters (919 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Castle Lane |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle Lane |
| May 2024 | Possession of weapons | Unable to prosecute suspect | On or near Castle Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Westcote Close |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Westcote Close |