£179,785
This estimated value is based upon the latest sale price for the house of £106,000 on 8 Jun 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £106,000 | 8 Jun 2012 |
| £100,000 | 16 Jun 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 June 2012 the House Price Index for WEST MIDLANDS was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £106,000 results in an estimated price of approximately £179,785.
| 8 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.609 % | £106,000 | £73,785 | £179,785 |
The Postcode Pricing Model uses changes in average sales price within the DY3 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 | 75.888 % | £80,441 | £186,441 |
| 3 Month Average | 74.228 % | £78,682 | £184,682 |
| 6 Month Average | 58.697 % | £62,218 | £168,218 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £157,007 | £155,000 | 15 HICKMERELANDS LANE |
| 24 Aug 2023 | £135,183 | £134,000 | 5 SEDGLEY HALL AVENUE |
| 8 Mar 2023 | £151,427 | £150,000 | 31 SEDGLEY HALL AVENUE |
| 28 Feb 2023 | £321,783 | £322,000 | 17 CASWELL ROAD |
| 27 Jan 2023 | £84,601 | £85,000 | 24 ETTYMORE CLOSE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 12 Jul 2014. Using an estimated price of £179,786 means this house is valued at £2,724 per sq meter (£253 per sq foot).
The average size of a house on HICKMERELANDS LANE is 98 sq meters (1,056 sq feet).
This house is the smallest in the street with a floor area of 66 sq meters (710 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ettymore Road West |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ettymore Road West |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Ettymore Road West |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Royston Way |
| Mar 2024 | Anti-social behaviour | On or near Elan Road |