£227,517
This estimated value is based upon the latest sale price for the house of £170,500 on 18 Oct 2016. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £170,500 | 18 Oct 2016 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 2016 the House Price Index for WEST MIDLANDS was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £170,500 results in an estimated price of approximately £227,517.
| 18 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £170,500 | £57,017 | £227,517 |
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 | 68.423 % | £116,661 | £287,161 |
| 3 Month Average | 34.023 % | £58,009 | £228,509 |
| 6 Month Average | 39.514 % | £67,370 | £237,870 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £268,243 | £260,000 | 83 LONG INNAGE |
| 10 Nov 2023 | £277,032 | £270,000 | 39 LONG INNAGE |
| 28 Jun 2023 | £193,885 | £190,000 | 46 PARK LANE |
| 13 Feb 2023 | £175,170 | £174,000 | 84 PARK LANE |
| 9 Sep 2022 | £214,856 | £215,000 | 66 PARK LANE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 2 Jun 2015. Using an estimated price of £227,517 means this house is valued at £2,500 per sq meter (£232 per sq foot).
The average size of a house on LONG INNAGE is 86 sq meters (931 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Long Innage |
| Sep 2024 | Vehicle crime | Under investigation | On or near Long Innage |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Long Innage |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Long Innage |
| Oct 2024 | Other crime | Under investigation | On or near Park Ridge Drive |