£395,328
This estimated value is based upon the latest sale price for the house of £305,000 on 24 Mar 2017. 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 Bunbury Road
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| Price Paid | Date |
|---|---|
| £305,000 | 24 Mar 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 2017 the House Price Index for WEST MIDLANDS was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £305,000 results in an estimated price of approximately £395,328.
| 24 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £305,000 | £90,328 | £395,328 |
The Postcode Pricing Model uses changes in average sales price within the B31 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 | 15.885 % | £48,450 | £353,450 |
| 3 Month Average | 43.443 % | £132,500 | £437,500 |
| 6 Month Average | 44.099 % | £134,500 | £439,500 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £445,699 | £440,000 | 224 HOLE LANE |
| 31 Jul 2023 | £451,071 | £445,000 | 215 HOLE LANE |
| 9 Aug 2022 | £588,416 | £590,000 | 230 HOLE LANE |
| 26 Jul 2022 | £431,161 | £430,000 | 304 HEATH ROAD SOUTH |
| 28 Feb 2022 | £262,174 | £250,000 | 18 LINDSEY AVENUE |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 26 Sep 2016. Using an estimated price of £395,329 means this house is valued at £3,017 per sq meter (£280 per sq foot).
The average size of a house on HOLE LANE is 102 sq meters (1,103 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bunbury Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bunbury Road |
| Feb 2024 | Burglary | Awaiting court outcome | On or near Bunbury Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bunbury Road |
| Jan 2024 | Drugs | Local resolution | On or near Bunbury Road |