£234,096
This estimated value is based upon the latest sale price for the house of £157,000 on 20 Oct 2014. 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 Reddal Hill Road
More crime details
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| Price Paid | Date |
|---|---|
| £157,000 | 20 Oct 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 October 2014 the House Price Index for WEST MIDLANDS was 99.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 49.106%.Applying this 49.106% change to the original purchase price of £157,000 results in an estimated price of approximately £234,096.
| 20 Oct 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.0 | 49.106 % | £157,000 | £77,096 | £234,096 |
The Postcode Pricing Model uses changes in average sales price within the B64 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 | 69.715 % | £109,452 | £266,452 |
| 3 Month Average | 30.563 % | £47,983 | £204,983 |
| 6 Month Average | 38.020 % | £59,691 | £216,691 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jun 2023 | £282,289 | £280,000 | 17 BROOK LANE |
| 17 Mar 2023 | £118,641 | £118,000 | 31 REDDAL HILL ROAD |
| 5 Sep 2022 | £156,101 | £158,000 | 29 HICKMANS AVENUE |
| 12 Jul 2022 | £114,845 | £115,000 | 24 REDDAL HILL ROAD |
| 2 Mar 2022 | £111,464 | £108,000 | 30 REDDAL HILL ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 26 Feb 2014. Using an estimated price of £234,097 means this house is valued at £2,601 per sq meter (£241 per sq foot).
The average size of a house on BROOK LANE is 94 sq meters (1,018 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Reddal Hill Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Reddal Hill Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hickman'S Avenue |
| Feb 2024 | Anti-social behaviour | On or near Bowling Green Road | |
| Feb 2024 | Anti-social behaviour | On or near Bowling Green Road |