£340,723
This estimated value is based upon the latest sale price for the house of £275,000 on 26 Jan 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Narrow Lane
More crime details
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| Price Paid | Date |
|---|---|
| £275,000 | 26 Jan 2018 |
| £235,000 | 14 Jul 2004 |
| £88,000 | 25 Oct 1996 |
| Detached |
| Freehold |
| Floor Area: 237 sq meters or 2,551 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 2018 the House Price Index for WEST MIDLANDS was 118.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.899%.Applying this 23.899% change to the original purchase price of £275,000 results in an estimated price of approximately £340,723.
| 26 Jan 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 146.7 | 23.899 % | £275,000 | £65,723 | £340,723 |
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 | 52.786 % | £145,162 | £420,162 |
| 3 Month Average | 27.977 % | £76,936 | £351,936 |
| 6 Month Average | 31.762 % | £87,344 | £362,344 |
This house has a floor area of 237 sq meters or 2,551 sq feet when measured on 3 Jul 2013.
The average size of a house on NARROW LANE is 98 sq meters (1,064 sq feet).
This house is the largest in the street with a floor area of 237 sq meters (2,551 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Narrow Lane |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Narrow Lane |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Garland Crescent |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Garland Crescent |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Newlands Drive |