£177,259
This estimated value is based upon the latest sale price for the house of £113,000 on 4 Apr 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £113,000 | 4 Apr 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 38 sq meters or 409 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 April 2014 the House Price Index for WEST MIDLANDS was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £113,000 results in an estimated price of approximately £177,259.
| 4 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 149.7 | 56.867 % | £113,000 | £64,259 | £177,259 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 38.582 % | £43,597 | £156,597 |
| 3 Month Average | 65.365 % | £73,862 | £186,862 |
| 6 Month Average | 45.539 % | £51,459 | £164,459 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £153,381 | £150,000 | 132 FOREDROVE LANE |
| 28 Sep 2023 | £160,198 | £156,667 | 35 MITFORD DRIVE |
| 1 Sep 2023 | £157,471 | £154,000 | 43 FOREDROVE LANE |
| 1 Aug 2023 | £162,939 | £160,000 | 1 MITFORD DRIVE |
| 31 Jan 2023 | £130,298 | £129,950 | 64 FOREDROVE LANE |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 9 Dec 2013. Using an estimated price of £177,259 means this house is valued at £4,664 per sq meter (£433 per sq foot).
The average size of a house on FOREDROVE LANE is 77 sq meters (837 sq feet).
This house is the smallest in the street with a floor area of 38 sq meters (409 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Foredrove Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Foredrove Lane |
| Sep 2024 | Anti-social behaviour | On or near Foredrove Lane | |
| Sep 2024 | Anti-social behaviour | On or near Foredrove Lane | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foredrove Lane |