£157,976
This estimated value is based upon the latest sale price for the house of £155,000 on 6 May 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£155,000 | 6 May 2022 |
£70,000 | 7 Nov 2003 |
Semi-Detached |
Freehold |
Floor Area: 59 sq meters or 635 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 2022 the House Price Index for WEST MIDLANDS was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £155,000 results in an estimated price of approximately £157,976.
6 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 148.6 | 1.920 % | £155,000 | £2,976 | £157,976 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | -16.243 % | £-25,176 | £129,823 |
3 Month Average | -6.850 % | £-10,617 | £144,382 |
6 Month Average | 19.020 % | £29,481 | £184,481 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Mar 2023 | £158,493 | £157,000 | 59 ALLERTON LANE |
3 Mar 2023 | £156,979 | £155,500 | 9 LELLOW STREET |
3 Feb 2023 | £204,862 | £205,000 | 19 LELLOW STREET |
18 Nov 2022 | £152,157 | £154,000 | 24 ALLERTON LANE |
10 Aug 2022 | £144,611 | £145,000 | 31 LELLOW STREET |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 3 Nov 2021. Using an estimated price of £157,977 means this house is valued at £2,677 per sq meter (£248 per sq foot).
The average size of a house on WYNTOR LANE is 75 sq meters (809 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other crime | Unable to prosecute suspect | On or near Wyntor Lane |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wyntor Lane |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Allerton Lane |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Allerton Lane |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Allerton Lane |