£373,195
This estimated value is based upon the latest sale price for the house of £299,995 on 28 Sep 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Gate Lane
More crime details
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| Price Paid | Date |
|---|---|
| £299,995 | 28 Sep 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 2018 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £299,995 results in an estimated price of approximately £373,195.
| 28 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £299,995 | £73,200 | £373,195 |
The Postcode Pricing Model uses changes in average sales price within the B16 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 | 33.602 % | £100,804 | £400,799 |
| 3 Month Average | -4.184 % | £-12,551 | £287,443 |
| 6 Month Average | 21.378 % | £64,134 | £364,129 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £255,061 | £249,950 | 8 ASHES LANE |
| 15 Mar 2022 | £246,544 | £236,168 | 11 WICKET DRIVE |
| 5 Jan 2022 | £392,273 | £370,000 | 6 HALLEWELL ROAD |
| 9 Dec 2021 | £310,301 | £287,500 | 202 ROTTON PARK ROAD |
| 30 Jun 2021 | £394,516 | £365,000 | 203 ROTTON PARK ROAD |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 11 Sep 2018. Using an estimated price of £373,196 means this house is valued at £3,058 per sq meter (£284 per sq foot).
The average size of a house on ROTTON PARK ROAD is 134 sq meters (1,444 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Gate Lane |
| Oct 2024 | Other theft | Under investigation | On or near Gate Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Gate Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Gate Lane |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Gate Lane |