£153,175
This estimated value is based upon the latest sale price for the house of £85,000 on 16 Dec 2005. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Tower Street
More crime details
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| Price Paid | Date |
|---|---|
| £85,000 | 16 Dec 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 December 2005 the House Price Index for WEST MIDLANDS was 82.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.207%.Applying this 80.207% change to the original purchase price of £85,000 results in an estimated price of approximately £153,175.
| 16 Dec 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 148.6 | 80.207 % | £85,000 | £68,175 | £153,175 |
The Postcode Pricing Model uses changes in average sales price within the DY3 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 | 98.184 % | £83,456 | £168,456 |
| 3 Month Average | 82.382 % | £70,025 | £155,025 |
| 6 Month Average | 67.082 % | £57,019 | £142,019 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £214,239 | £211,500 | 65 BILSTON STREET |
| 18 Jul 2023 | £192,592 | £190,000 | 44 GREENWAY |
| 23 Mar 2023 | £176,664 | £175,000 | 15 CROSS LANE |
| 27 Jan 2023 | £123,419 | £124,000 | 33 THE WALK |
| 24 Nov 2022 | £197,606 | £200,000 | 1B THE WYND |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 20 Nov 2017. Using an estimated price of £153,176 means this house is valued at £2,069 per sq meter (£192 per sq foot).
The average size of a house on CROSS LANE is 89 sq meters (959 sq feet).
This house is the smallest in the street with a floor area of 74 sq meters (796 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Tower Street |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Tower Street |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Cross Lane |
| Jan 2024 | Other theft | Under investigation | On or near Cross Lane |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Dormston Drive |