£307,279
This estimated value is based upon the latest sale price for the house of £193,500 on 16 Jul 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £193,500 | 16 Jul 2007 |
| Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 July 2007 the House Price Index for WEST MIDLANDS was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.801%.Applying this 58.801% change to the original purchase price of £193,500 results in an estimated price of approximately £307,279.
| 16 Jul 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 149.7 | 58.801 % | £193,500 | £113,779 | £307,279 |
The Postcode Pricing Model uses changes in average sales price within the WS4 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 | 46.254 % | £89,501 | £283,001 |
| 3 Month Average | 44.985 % | £87,045 | £280,545 |
| 6 Month Average | 51.867 % | £100,363 | £293,863 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Aug 2024 | £162,000 | £162,000 | 27 SUMMER LANE |
| 29 May 2024 | £154,000 | £154,000 | 23 SUMMER LANE |
| 30 Nov 2023 | £271,902 | £265,000 | 23 SPRING LANE |
| 19 Apr 2023 | £173,240 | £170,000 | 30 CLARENDON ROAD |
| 20 Jan 2023 | £325,871 | £325,000 | 10A BIRCH LANE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 12 Oct 2018. Using an estimated price of £307,280 means this house is valued at £2,518 per sq meter (£233 per sq foot).
The average size of a house on SPRING LANE is 89 sq meters (960 sq feet).
This house is the largest in the street with a floor area of 122 sq meters (1,313 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Clarendon Road |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Clarendon Road |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Clarendon Road |
| Sep 2024 | Criminal damage and arson | Local resolution | On or near Clarendon Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clarendon Road |