£177,005
This estimated value is based upon the latest sale price for the house of £147,000 on 31 Jan 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £147,000 | 31 Jan 2020 |
| £119,000 | 14 Feb 2007 |
| 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 January 2020 the House Price Index for WEST MIDLANDS was 121.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 20.412%.Applying this 20.412% change to the original purchase price of £147,000 results in an estimated price of approximately £177,005.
| 31 Jan 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 146.7 | 20.412 % | £147,000 | £30,005 | £177,005 |
The Postcode Pricing Model uses changes in average sales price within the DY5 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 | 8.160 % | £11,995 | £158,995 |
| 3 Month Average | 1.829 % | £2,688 | £149,688 |
| 6 Month Average | 4.616 % | £6,785 | £153,785 |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 29 Sep 2016.
The average size of a house on BOWER LANE is 86 sq meters (933 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Westfield Road |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near West Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near West Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near East Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near East Street |