£106,217
This estimated value is based upon the latest sale price for the house of £73,250 on 21 Jul 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £73,250 | 21 Jul 2015 |
| £71,500 | 10 Jun 2005 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2015 the House Price Index for WEST MIDLANDS was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £73,250 results in an estimated price of approximately £106,217.
| 21 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £73,250 | £32,967 | £106,217 |
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 | 76.249 % | £55,852 | £129,102 |
| 3 Month Average | 44.469 % | £32,573 | £105,823 |
| 6 Month Average | 43.686 % | £32,000 | £105,250 |
| 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 75 sq meters or 807 sq feet when measured on 18 Feb 2015. Using an estimated price of £106,217 means this house is valued at £1,416 per sq meter (£131 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 | Other theft | Investigation complete; no suspect identified | On or near Rowland Gardens |
| Sep 2024 | Other crime | Unable to prosecute suspect | On or near Rowland Gardens |
| Sep 2024 | Drugs | Under investigation | On or near Rowland Gardens |
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Rowland Gardens |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Rowland Gardens |