£189,912
This estimated value is based upon the latest sale price for the house of £55,000 on 30 May 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £55,000 | 30 May 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2001 the House Price Index for WEST MIDLANDS was 43.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 245.295%.Applying this 245.295% change to the original purchase price of £55,000 results in an estimated price of approximately £189,912.
| 30 May 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 149.7 | 245.295 % | £55,000 | £134,912 | £189,912 |
The Postcode Pricing Model uses changes in average sales price within the WS2 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 | 140.020 % | £77,011 | £132,011 |
| 3 Month Average | 254.027 % | £139,715 | £194,715 |
| 6 Month Average | 302.805 % | £166,542 | £221,542 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Oct 2023 | £349,948 | £342,000 | 91 LANE AVENUE |
| 7 Mar 2023 | £127,123 | £125,000 | 22 LANE AVENUE |
| 5 Aug 2022 | £210,987 | £210,000 | 70 DEEPMORE AVENUE |
| 26 Jul 2022 | £151,518 | £150,000 | 17 LANESIDE GARDENS |
| 20 Jul 2022 | £190,913 | £189,000 | 69 LANE AVENUE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 18 Dec 2018. Using an estimated price of £189,912 means this house is valued at £2,288 per sq meter (£212 per sq foot).
The average size of a house on LANE AVENUE is 82 sq meters (886 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Lane Avenue |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Lane Avenue |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lane Avenue |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Lane Avenue |
| Apr 2024 | Violence and sexual offences | Local resolution | On or near Lane Avenue |