£196,006
This estimated value is based upon the latest sale price for the house of £129,950 on 21 Nov 2014. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There have been two burglaries within the last year on or near Tack Farm Road
More crime details
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| Price Paid | Date |
|---|---|
| £129,950 | 21 Nov 2014 |
| Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 November 2014 the House Price Index for WEST MIDLANDS was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £129,950 results in an estimated price of approximately £196,006.
| 21 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 149.7 | 50.833 % | £129,950 | £66,056 | £196,006 |
The Postcode Pricing Model uses changes in average sales price within the DY8 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 | 46.232 % | £60,078 | £190,028 |
| 3 Month Average | 39.417 % | £51,223 | £181,173 |
| 6 Month Average | 55.792 % | £72,501 | £202,451 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2024 | £245,129 | £243,000 | 82 BELLS LANE |
| 15 Nov 2023 | £173,402 | £169,000 | 7 TACK FARM ROAD |
| 31 Oct 2023 | £291,623 | £285,000 | 122 BELLS LANE |
| 6 Oct 2023 | £227,159 | £222,000 | 84 BELLS LANE |
| 8 Sep 2023 | £224,959 | £220,000 | 98 TACK FARM ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 6 Aug 2014. Using an estimated price of £196,007 means this house is valued at £2,227 per sq meter (£206 per sq foot).
The average size of a house on TACK FARM ROAD is 83 sq meters (896 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tack Farm Road |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Tack Farm Road |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Tack Farm Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tack Farm Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tack Farm Road |