£79,304
This estimated value is based upon the latest sale price for the house of £36,000 on 7 Nov 2003. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £36,000 | 7 Nov 2003 |
| £22,000 | 5 Nov 1997 |
| £20,000 | 29 Jun 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 36 sq meters or 387 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 November 2003 the House Price Index for WEST MIDLANDS was 67.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 120.290%.Applying this 120.290% change to the original purchase price of £36,000 results in an estimated price of approximately £79,304.
| 7 Nov 2003 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 67.2 | 148.0 | 120.290 % | £36,000 | £43,304 | £79,304 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | 303.212 % | £109,156 | £145,156 |
| 3 Month Average | 99.057 % | £35,660 | £71,660 |
| 6 Month Average | 112.986 % | £40,674 | £76,674 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Mar 2023 | £200,383 | £199,300 | 69 WITTON LANE |
| 3 Feb 2023 | £214,486 | £215,500 | 3 CROOKHAY LANE |
| 16 Dec 2021 | £178,731 | £167,500 | 46 SURREY CRESCENT |
| 19 Nov 2021 | £145,415 | £135,000 | 73 RYDDING SQUARE |
| 25 Oct 2021 | £269,993 | £245,000 | 12 WYLD CLOSE |
This house has a floor area of 36 sq meters or 387 sq feet when measured on 3 Oct 2013. Using an estimated price of £79,304 means this house is valued at £2,202 per sq meter (£204 per sq foot).
The average size of a house on WITTON LANE is 77 sq meters (832 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Telford Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Telford Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Telford Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Brindley Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Brindley Road |