£507,457
This estimated value is based upon the latest sale price for the house of £311,400 on 17 Oct 2013. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £311,400 | 17 Oct 2013 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 2013 the House Price Index for WEST MIDLANDS was 90.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 62.960%.Applying this 62.960% change to the original purchase price of £311,400 results in an estimated price of approximately £507,457.
| 17 Oct 2013 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 148.0 | 62.960 % | £311,400 | £196,057 | £507,457 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | 48.999 % | £152,582 | £463,982 |
| 3 Month Average | 45.601 % | £142,000 | £453,400 |
| 6 Month Average | 60.489 % | £188,362 | £499,762 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £492,998 | £490,000 | 45 MANOR LANE |
| 30 Jun 2023 | £201,635 | £200,000 | 8 SHENSTONE AVENUE |
| 18 Jul 2022 | £239,676 | £240,000 | 15 SHENSTONE AVENUE |
| 6 May 2022 | £353,759 | £348,500 | 16 SHENSTONE AVENUE |
| 26 Mar 2021 | £279,925 | £252,500 | 12 WESTERN AVENUE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 22 Feb 2013. Using an estimated price of £507,457 means this house is valued at £4,264 per sq meter (£396 per sq foot).
The average size of a house on MANOR LANE is 127 sq meters (1,373 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Western Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Western Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shenstone Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shenstone Avenue |
| Apr 2024 | Anti-social behaviour | On or near Hiplands Road |