£306,852
This estimated value is based upon the latest sale price for the house of £235,000 on 24 Mar 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £235,000 | 24 Mar 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 March 2017 the House Price Index for WEST MIDLANDS was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £235,000 results in an estimated price of approximately £306,852.
| 24 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £235,000 | £71,852 | £306,852 |
The Postcode Pricing Model uses changes in average sales price within the B26 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 | 53.228 % | £125,085 | £360,085 |
| 3 Month Average | 41.964 % | £98,615 | £333,615 |
| 6 Month Average | 44.039 % | £103,491 | £338,491 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £294,035 | £285,000 | 40 MANOR HOUSE LANE |
| 14 Nov 2023 | £287,293 | £280,000 | 31 MANOR HOUSE LANE |
| 25 Sep 2023 | £235,184 | £230,000 | 37 ELMCROFT ROAD |
| 25 Aug 2023 | £300,418 | £295,000 | 10 ELMCROFT ROAD |
| 3 Aug 2023 | £295,327 | £290,000 | 16 SUNNYMEAD ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 11 Mar 2013. Using an estimated price of £306,852 means this house is valued at £3,527 per sq meter (£327 per sq foot).
The average size of a house on MANOR HOUSE LANE is 98 sq meters (1,063 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Aug 2024 | Anti-social behaviour | On or near Parking Area | |
| Aug 2024 | Other crime | Investigation complete; no suspect identified | On or near Parking Area |
| Aug 2024 | Anti-social behaviour | On or near Parking Area |