£250,598
This estimated value is based upon the latest sale price for the house of £160,000 on 17 Oct 2007. 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 Gate Lane
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| Price Paid | Date |
|---|---|
| £160,000 | 17 Oct 2007 |
| £48,500 | 21 Sep 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 932 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 2007 the House Price Index for WEST MIDLANDS was 95.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.624%.Applying this 56.624% change to the original purchase price of £160,000 results in an estimated price of approximately £250,598.
| 17 Oct 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 149.7 | 56.624 % | £160,000 | £90,598 | £250,598 |
The Postcode Pricing Model uses changes in average sales price within the B16 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 | 39.211 % | £62,737 | £222,737 |
| 3 Month Average | 31.300 % | £50,079 | £210,079 |
| 6 Month Average | 59.048 % | £94,476 | £254,476 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £255,061 | £249,950 | 8 ASHES LANE |
| 15 Mar 2022 | £246,544 | £236,168 | 11 WICKET DRIVE |
| 5 Jan 2022 | £392,273 | £370,000 | 6 HALLEWELL ROAD |
| 30 Jun 2021 | £308,047 | £285,000 | 207 ROTTON PARK ROAD |
| 30 Jun 2021 | £394,516 | £365,000 | 203 ROTTON PARK ROAD |
This house has a floor area of 86 sq meters or 932 sq feet when measured on 4 Feb 2011. Using an estimated price of £250,599 means this house is valued at £2,893 per sq meter (£268 per sq foot).
The average size of a house on ROTTON PARK ROAD is 134 sq meters (1,444 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Gate Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Gate Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Gate Lane |
| Oct 2024 | Other theft | Under investigation | On or near Gate Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gate Lane |