£80,599
This estimated value is based upon the latest sale price for the house of £80,000 on 4 Apr 2023. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £80,000 | 4 Apr 2023 |
| £46,000 | 1 Aug 2002 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 2023 the House Price Index for WEST MIDLANDS was 146.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.749%.Applying this 0.749% change to the original purchase price of £80,000 results in an estimated price of approximately £80,599.
| 4 Apr 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 148.0 | 0.749 % | £80,000 | £599 | £80,599 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | 27.587 % | £22,069 | £102,069 |
| 3 Month Average | -3.595 % | £-2,876 | £77,123 |
| 6 Month Average | 5.021 % | £4,017 | £84,017 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2023 | £80,599 | £80,000 | 67 LONG LANE |
| 8 Apr 2022 | £150,513 | £146,750 | 58 GREEN LANE |
| 15 Mar 2022 | £185,774 | £180,000 | 61 GREEN LANE |
| 18 Feb 2022 | £167,114 | £160,000 | 50 GREEN LANE |
| 2 Feb 2022 | £114,891 | £110,000 | 26 CLEMENT ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 26 Sep 2013. Using an estimated price of £80,599 means this house is valued at £767 per sq meter (£71 per sq foot).
The average size of a house on LONG LANE is 89 sq meters (963 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shopping Area |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Shopping Area |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shopping Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Clement Road |