£114,613
This estimated value is based upon the latest sale price for the house of £84,000 on 13 Apr 2016. 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 Hanbury Road
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| Price Paid | Date |
|---|---|
| £84,000 | 13 Apr 2016 |
| £86,000 | 27 Aug 2008 |
| £66,000 | 13 Feb 2004 |
| £42,950 | 23 Apr 2002 |
| £34,150 | 27 Sep 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 April 2016 the House Price Index for WEST MIDLANDS was 109.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.444%.Applying this 36.444% change to the original purchase price of £84,000 results in an estimated price of approximately £114,613.
| 13 Apr 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 149.7 | 36.444 % | £84,000 | £30,613 | £114,613 |
The Postcode Pricing Model uses changes in average sales price within the B70 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 | 74.540 % | £62,613 | £146,613 |
| 3 Month Average | 75.733 % | £63,615 | £147,615 |
| 6 Month Average | 57.236 % | £48,078 | £132,078 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £144,438 | £140,000 | 12 ROWLEY VIEW |
| 6 Sep 2023 | £185,336 | £181,250 | 17 ROWLEY VIEW |
| 31 Aug 2023 | £239,316 | £235,000 | 13 WOOD LANE |
| 9 Jun 2023 | £116,331 | £114,000 | 22 BEECHWOOD ROAD |
| 26 Apr 2023 | £195,660 | £192,000 | 22 WOOD LANE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 14 Jan 2014. Using an estimated price of £114,613 means this house is valued at £1,432 per sq meter (£133 per sq foot).
The average size of a house on WOOD LANE is 78 sq meters (848 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Hanbury Road |
| Jul 2024 | Burglary | Under investigation | On or near Hanbury Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hanbury Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hanbury Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hanbury Road |