£117,374
This estimated value is based upon the latest sale price for the house of £95,000 on 22 Nov 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £95,000 | 22 Nov 2019 |
| £66,000 | 21 Nov 2013 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 November 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £95,000 results in an estimated price of approximately £117,374.
| 22 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £95,000 | £22,374 | £117,374 |
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 | 108.940 % | £103,493 | £198,493 |
| 3 Month Average | 35.424 % | £33,652 | £128,652 |
| 6 Month Average | 31.618 % | £30,036 | £125,036 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jun 2024 | £286,000 | £286,000 | CORNER SHOP REEDSWOOD LANE |
| 19 Apr 2024 | £155,349 | £154,000 | 43 BENTLEY LANE |
| 10 Feb 2023 | £163,593 | £162,500 | 77 BENTLEY LANE |
| 20 May 2022 | £195,082 | £190,000 | 83 BENTLEY LANE |
| 29 Sep 2021 | £121,584 | £112,000 | 47 BENTLEY LANE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 8 Jun 2013. Using an estimated price of £117,375 means this house is valued at £1,586 per sq meter (£147 per sq foot).
The average size of a house on BENTLEY LANE is 96 sq meters (1,033 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Reedswood Lane |
| Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Reedswood Lane |
| Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Reedswood Lane |
| Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Reedswood Lane |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Reedswood Lane |