£208,713
This estimated value is based upon the latest sale price for the house of £145,000 on 24 Jul 2015. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £145,000 | 24 Jul 2015 |
| £116,000 | 20 Oct 2006 |
| £56,000 | 30 Jul 2001 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £145,000 results in an estimated price of approximately £208,713.
| 24 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £145,000 | £63,713 | £208,713 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | 30.916 % | £44,827 | £189,827 |
| 3 Month Average | 16.245 % | £23,554 | £168,554 |
| 6 Month Average | 32.944 % | £47,768 | £192,768 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £395,321 | £390,000 | 49 RADBOURNE DRIVE |
| 23 Jun 2023 | £253,065 | £250,000 | 24 STOUR HILL |
| 16 Jun 2023 | £167,023 | £165,000 | 43 MOGUL LANE |
| 12 Sep 2022 | £173,598 | £175,000 | 69 STOUR HILL |
| 5 Aug 2022 | £324,128 | £325,000 | 11 STOUR HILL |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 3 Mar 2015. Using an estimated price of £208,714 means this house is valued at £2,939 per sq meter (£273 per sq foot).
The average size of a house on MOGUL LANE is 93 sq meters (1,008 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Parking Area |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Bower Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Bower Lane |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Netherend Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Netherend Close |