£84,319
This estimated value is based upon the latest sale price for the house of £19,500 on 23 Aug 1999. 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 Shopping Area
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £19,500 | 23 Aug 1999 |
| Terraced |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 August 1999 the House Price Index for WEST MIDLANDS was 34.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 332.409%.Applying this 332.409% change to the original purchase price of £19,500 results in an estimated price of approximately £84,319.
| 23 Aug 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.6 | 149.7 | 332.409 % | £19,500 | £64,819 | £84,319 |
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 | 300.162 % | £58,531 | £78,031 |
| 3 Month Average | 251.579 % | £49,057 | £68,557 |
| 6 Month Average | 288.125 % | £56,184 | £75,684 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £219,000 | £219,000 | 61 LONG LANE |
| 4 Apr 2023 | £81,525 | £80,000 | 67 LONG LANE |
| 8 Apr 2022 | £152,242 | £146,750 | 58 GREEN LANE |
| 15 Mar 2022 | £187,908 | £180,000 | 61 GREEN LANE |
| 18 Feb 2022 | £169,033 | £160,000 | 50 GREEN LANE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 23 Nov 2015. Using an estimated price of £84,320 means this house is valued at £720 per sq meter (£66 per sq foot).
The average size of a house on LONG LANE is 89 sq meters (963 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shopping Area |
| May 2024 | Other theft | Unable to prosecute suspect | On or near Shopping Area |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Shopping Area |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clement Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clement Road |