£194,648
This estimated value is based upon the latest sale price for the house of £53,000 on 15 Sep 2000. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £53,000 | 15 Sep 2000 |
| Semi-Detached |
| 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 September 2000 the House Price Index for WEST MIDLANDS was 40.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 267.261%.Applying this 267.261% change to the original purchase price of £53,000 results in an estimated price of approximately £194,648.
| 15 Sep 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.5 | 148.6 | 267.261 % | £53,000 | £141,648 | £194,648 |
The Postcode Pricing Model uses changes in average sales price within the B67 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 | 288.530 % | £152,920 | £205,920 |
| 3 Month Average | 233.521 % | £123,766 | £176,766 |
| 6 Month Average | 263.367 % | £139,584 | £192,584 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £182,705 | £180,000 | 15 LABURNUM AVENUE |
| 15 Sep 2023 | £180,305 | £178,000 | 12 UNKETTS ROAD |
| 13 Jul 2023 | £253,411 | £250,000 | 6 AWEFIELDS CRESCENT |
| 10 Jul 2023 | £192,592 | £190,000 | 14 FARM ROAD |
| 17 Feb 2023 | £199,866 | £200,000 | 195 THIMBLEMILL ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 12 Aug 2016. Using an estimated price of £194,648 means this house is valued at £1,871 per sq meter (£173 per sq foot).
The average size of a house on HALES LANE is 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Pear Tree Road | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pear Tree Road |
| Feb 2024 | Anti-social behaviour | On or near Pear Tree Road | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pear Tree Road |
| Dec 2023 | Anti-social behaviour | On or near Pear Tree Road |