£139,402
This estimated value is based upon the latest sale price for the house of £40,000 on 30 Mar 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £40,000 | 30 Mar 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 March 2001 the House Price Index for WEST MIDLANDS was 42.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 248.507%.Applying this 248.507% change to the original purchase price of £40,000 results in an estimated price of approximately £139,402.
| 30 Mar 2001 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.5 | 148.0 | 248.507 % | £40,000 | £99,402 | £139,402 |
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 | 280.178 % | £112,071 | £152,071 |
| 3 Month Average | 275.962 % | £110,384 | £150,384 |
| 6 Month Average | 351.684 % | £140,673 | £180,673 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £142,700 | £140,000 | 12 ROWLEY VIEW |
| 31 Aug 2023 | £236,438 | £235,000 | 13 WOOD LANE |
| 9 Jun 2023 | £114,932 | £114,000 | 22 BEECHWOOD ROAD |
| 26 Apr 2023 | £193,438 | £192,000 | 22 WOOD LANE |
| 16 Aug 2022 | £139,060 | £140,000 | 25 ADAMS STREET |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 2 Apr 2014. Using an estimated price of £139,403 means this house is valued at £1,640 per sq meter (£152 per sq foot).
The average size of a house on WOOD LANE is 78 sq meters (848 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hanbury Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hanbury Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hanbury Road |
| Jan 2024 | Criminal damage and arson | Awaiting court outcome | On or near Hanbury Road |
| Jan 2024 | Other theft | Awaiting court outcome | On or near Hanbury Road |