£214,606
This estimated value is based upon the latest sale price for the house of £175,000 on 25 Oct 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £175,000 | 25 Oct 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 2019 the House Price Index for WEST MIDLANDS was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £175,000 results in an estimated price of approximately £214,606.
| 25 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £175,000 | £39,606 | £214,606 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 37.973 % | £66,452 | £241,452 |
| 3 Month Average | 21.079 % | £36,888 | £211,888 |
| 6 Month Average | 22.556 % | £39,472 | £214,472 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2023 | £194,487 | £192,000 | 11 WYNCHCOMBE AVENUE |
| 31 Mar 2023 | £219,064 | £217,000 | 18 HOLLYBUSH LANE |
| 21 Feb 2023 | £232,344 | £232,500 | 12 ORTON GROVE |
| 17 Aug 2022 | £267,281 | £268,000 | 16 ORTON GROVE |
| 18 Dec 2020 | £183,634 | £160,000 | 8 HOLLYBUSH LANE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 9 Feb 2019. Using an estimated price of £214,607 means this house is valued at £2,259 per sq meter (£209 per sq foot).
The average size of a house on HOLLYBUSH LANE is 92 sq meters (992 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Awaiting court outcome | On or near Hollybush Lane |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Hollybush Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hollybush Lane |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Hollybush Lane |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Orton Grove |