£198,205
This estimated value is based upon the latest sale price for the house of £162,000 on 7 Feb 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £162,000 | 7 Feb 2020 |
| £127,500 | 30 Mar 2007 |
| £79,950 | 25 Oct 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 February 2020 the House Price Index for WEST MIDLANDS was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £162,000 results in an estimated price of approximately £198,205.
| 7 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £162,000 | £36,205 | £198,205 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | -3.406 % | £-5,517 | £156,482 |
| 3 Month Average | 19.465 % | £31,533 | £193,533 |
| 6 Month Average | 25.015 % | £40,523 | £202,523 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £171,500 | £170,000 | 7 WORDSWORTH ROAD |
| 9 Jun 2023 | £152,852 | £151,000 | 38 CARLYLE ROAD |
| 19 Apr 2023 | £85,925 | £85,000 | 23 PRIMROSE LANE |
| 31 Mar 2023 | £198,874 | £197,000 | 32 LEASON LANE |
| 31 Oct 2022 | £76,674 | £77,500 | 65 REDCOTTS CLOSE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 16 Sep 2019. Using an estimated price of £198,205 means this house is valued at £1,943 per sq meter (£180 per sq foot).
The average size of a house on PRIMROSE LANE is 95 sq meters (1,026 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Primrose Lane |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Primrose Lane |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Primrose Lane |
| Jan 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Primrose Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Primrose Lane |