£272,555
This estimated value is based upon the latest sale price for the house of £221,500 on 6 Jun 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £221,500 | 6 Jun 2019 |
| Semi-Detached |
| 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 June 2019 the House Price Index for WEST MIDLANDS was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.050%.Applying this 23.050% change to the original purchase price of £221,500 results in an estimated price of approximately £272,555.
| 6 Jun 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.050 % | £221,500 | £51,055 | £272,555 |
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 | -2.371 % | £-5,250 | £216,249 |
| 3 Month Average | -15.605 % | £-34,565 | £186,934 |
| 6 Month Average | 6.256 % | £13,856 | £235,356 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £306,866 | £305,000 | 33 DENE COURT ROAD |
| 21 Apr 2023 | £411,257 | £408,200 | 8 GREYFORT CRESCENT |
| 6 Apr 2023 | £348,591 | £346,000 | 3 KNIGHTSBRIDGE ROAD |
| 4 Nov 2022 | £334,574 | £340,000 | 81 CASTLE LANE |
| 21 Sep 2022 | £439,653 | £445,000 | 7 GREYFORT CRESCENT |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 6 Jun 2019. Using an estimated price of £272,555 means this house is valued at £2,995 per sq meter (£278 per sq foot).
The average size of a house on CASTLE LANE is 85 sq meters (915 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Bablake Croft | |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Bablake Croft |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Greyfort Crescent |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Greyfort Crescent |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Greyfort Crescent |