£196,235
This estimated value is based upon the latest sale price for the house of £175,000 on 10 Mar 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £175,000 | 10 Mar 2021 |
| £142,000 | 28 May 2015 |
| £172,500 | 23 Nov 2007 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 2021 the House Price Index for WEST MIDLANDS was 133.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.135%.Applying this 12.135% change to the original purchase price of £175,000 results in an estimated price of approximately £196,235.
| 10 Mar 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.5 | 149.7 | 12.135 % | £175,000 | £21,235 | £196,235 |
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 | 54.938 % | £96,141 | £271,141 |
| 3 Month Average | 4.212 % | £7,371 | £182,371 |
| 6 Month Average | 10.043 % | £17,575 | £192,575 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £138,043 | £135,000 | 34 CENTURY WAY |
| 3 Feb 2023 | £109,733 | £109,000 | 75 CENTURY WAY |
| 12 Aug 2022 | £138,648 | £138,000 | 36 CENTURY WAY |
| 28 Jul 2022 | £207,075 | £205,000 | 25A BANNERS LANE |
| 6 Jul 2022 | £188,893 | £187,000 | 11 BANNERS LANE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 12 Oct 2012. Using an estimated price of £196,236 means this house is valued at £1,886 per sq meter (£175 per sq foot).
The average size of a house on BANNERS LANE is 97 sq meters (1,044 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Century Way |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Shopping Area |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Shopping Area |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Shopping Area |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Infield |