£190,176
This estimated value is based upon the latest sale price for the house of £45,400 on 2 Sep 1999. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £45,400 | 2 Sep 1999 |
| £41,700 | 30 Aug 1996 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 1999 the House Price Index for WEST MIDLANDS was 35.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 318.891%.Applying this 318.891% change to the original purchase price of £45,400 results in an estimated price of approximately £190,176.
| 2 Sep 1999 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.3 | 148.0 | 318.891 % | £45,400 | £144,776 | £190,176 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | 308.366 % | £139,998 | £185,398 |
| 3 Month Average | 247.833 % | £112,516 | £157,916 |
| 6 Month Average | 291.585 % | £132,379 | £177,779 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £326,102 | £325,000 | 27 SPRINGFIELD DRIVE |
| 29 Dec 2023 | £247,686 | £243,000 | 1 SPRINGFIELD ROAD |
| 7 Jun 2023 | £86,703 | £86,000 | 243 LONG LANE |
| 23 Jan 2023 | £137,790 | £139,000 | 261 LONG LANE |
| 28 Oct 2022 | £229,095 | £232,500 | 3 FELDON LANE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 5 Oct 2012. Using an estimated price of £190,176 means this house is valued at £2,001 per sq meter (£185 per sq foot).
The average size of a house on LONG LANE is 89 sq meters (963 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Springfield Drive |
| Apr 2024 | Vehicle crime | Under investigation | On or near Springfield Drive |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Springfield Drive |
| Apr 2024 | Vehicle crime | Under investigation | On or near Greenhill Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Greenhill Road |