£271,040
This estimated value is based upon the latest sale price for the house of £135,050 on 6 May 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £135,050 | 6 May 2004 |
| £56,500 | 14 Aug 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 May 2004 the House Price Index for WEST MIDLANDS was 73.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 100.696%.Applying this 100.696% change to the original purchase price of £135,050 results in an estimated price of approximately £271,040.
| 6 May 2004 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 148.0 | 100.696 % | £135,050 | £135,990 | £271,040 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 56.428 % | £76,205 | £211,255 |
| 3 Month Average | 49.507 % | £66,858 | £201,908 |
| 6 Month Average | 64.565 % | £87,195 | £222,245 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £218,179 | £217,000 | 18 HOLLYBUSH LANE |
| 21 Feb 2023 | £231,406 | £232,500 | 12 ORTON GROVE |
| 17 Aug 2022 | £266,201 | £268,000 | 16 ORTON GROVE |
| 18 Dec 2020 | £182,893 | £160,000 | 8 HOLLYBUSH LANE |
| 6 Nov 2020 | £217,078 | £188,000 | 41 WYNCHCOMBE AVENUE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 13 Mar 2013. Using an estimated price of £271,040 means this house is valued at £3,764 per sq meter (£349 per sq foot).
The average size of a house on HOLLYBUSH LANE is 92 sq meters (992 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Hollybush Lane |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Hollybush Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hollybush Lane |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Orton Grove |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Orton Grove |