£281,497
This estimated value is based upon the latest sale price for the house of £170,000 on 4 Jul 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£170,000 | 4 Jul 2008 |
£60,000 | 31 Mar 1995 |
Detached |
Freehold |
Floor Area: 141 sq meters or 1,517 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 July 2008 the House Price Index for WEST MIDLANDS was 90.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.586%.Applying this 65.586% change to the original purchase price of £170,000 results in an estimated price of approximately £281,497.
4 Jul 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.4 | 149.7 | 65.586 % | £170,000 | £111,497 | £281,497 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | 86.731 % | £147,442 | £317,442 |
3 Month Average | 55.513 % | £94,372 | £264,372 |
6 Month Average | 58.689 % | £99,770 | £269,770 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Aug 2022 | £160,752 | £160,000 | 4 DENBIGH DRIVE |
13 May 2022 | £192,515 | £187,500 | 129 BEDFORD ROAD |
5 Apr 2022 | £202,297 | £195,000 | 2 KIMBLEY RISE |
16 Mar 2022 | £224,446 | £215,000 | 33 HILL TOP |
9 Dec 2020 | £213,899 | £185,000 | 10 TROTTERS LANE |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 15 Jun 2012. Using an estimated price of £281,497 means this house is valued at £1,996 per sq meter (£185 per sq foot).
The average size of a house on TROTTERS LANE is 99 sq meters (1,073 sq feet).
This house is the largest in the street with a floor area of 141 sq meters (1,517 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trotter'S Lane |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kimbley Rise |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kimbley Rise |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bedford Road |
Oct 2024 | Violence and sexual offences | Under investigation | On or near A4196 |