£291,732
This estimated value is based upon the latest sale price for the house of £218,000 on 20 Sep 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £218,000 | 20 Sep 2016 |
| £169,950 | 30 Sep 2011 |
| £230,000 | 29 Jun 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 September 2016 the House Price Index for WEST MIDLANDS was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £218,000 results in an estimated price of approximately £291,732.
| 20 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £218,000 | £73,732 | £291,732 |
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 | 79.460 % | £173,221 | £391,221 |
| 3 Month Average | 53.307 % | £116,208 | £334,208 |
| 6 Month Average | 43.125 % | £94,012 | £312,012 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £189,170 | £185,000 | 24 LYTTLETON AVENUE |
| 7 Jun 2023 | £87,759 | £86,000 | 243 LONG LANE |
| 30 Jan 2023 | £246,659 | £246,000 | 16A LYTTLETON AVENUE |
| 23 Jan 2023 | £139,372 | £139,000 | 261 LONG LANE |
| 11 Jul 2022 | £292,935 | £290,000 | 231A LONG LANE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 6 Apr 2010. Using an estimated price of £291,733 means this house is valued at £2,916 per sq meter (£270 per sq foot).
The average size of a house on LONG LANE is 89 sq meters (963 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Top Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Top Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Top Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Top Avenue |
| Aug 2024 | Public order | Awaiting court outcome | On or near Hill Top Avenue |