£236,590
This estimated value is based upon the latest sale price for the house of £202,500 on 23 Oct 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £202,500 | 23 Oct 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 October 2020 the House Price Index for WEST MIDLANDS was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £202,500 results in an estimated price of approximately £236,590.
| 23 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.0 | 16.835 % | £202,500 | £34,090 | £236,590 |
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 | 18.291 % | £37,038 | £239,538 |
| 3 Month Average | 4.747 % | £9,613 | £212,113 |
| 6 Month Average | 14.765 % | £29,898 | £232,398 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £323,056 | £320,000 | 3 OAK BARN ROAD |
| 23 Jun 2023 | £298,420 | £296,000 | 28 WOODLAND ROAD |
| 31 Mar 2023 | £261,413 | £260,000 | 275 LONG LANE |
| 26 Apr 2022 | £394,872 | £385,000 | 47 WOODLAND ROAD |
| 8 Apr 2022 | £389,744 | £380,000 | 21 WOODLAND ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 5 Dec 2018. Using an estimated price of £236,590 means this house is valued at £2,365 per sq meter (£219 per sq foot).
The average size of a house on LONG LANE is 89 sq meters (963 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Long Lane |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodland Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Woodland Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Oak Barn Road |
| Mar 2024 | Other crime | Action to be taken by another organisation | On or near Oak Barn Road |