£356,445
This estimated value is based upon the latest sale price for the house of £185,000 on 4 Aug 2004. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£185,000 | 4 Aug 2004 |
Detached |
Freehold |
Floor Area: 185 sq meters or 1,991 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 August 2004 the House Price Index for WEST MIDLANDS was 77.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 92.673%.Applying this 92.673% change to the original purchase price of £185,000 results in an estimated price of approximately £356,445.
4 Aug 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
77.1 | 148.6 | 92.673 % | £185,000 | £171,445 | £356,445 |
The Postcode Pricing Model uses changes in average sales price within the WS4 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 | -1.616 % | £-2,989 | £182,010 |
3 Month Average | 0.636 % | £1,176 | £186,176 |
6 Month Average | 55.568 % | £102,800 | £287,800 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Mar 2023 | £161,522 | £160,000 | 64 WINTERLEY LANE |
23 Feb 2023 | £184,876 | £185,000 | 38 KINGS ROAD |
10 Feb 2023 | £189,872 | £190,000 | 17 BARNS LANE |
7 Sep 2022 | £215,758 | £217,500 | 29 BICKLEY ROAD |
16 Jun 2022 | £280,971 | £277,000 | 35 LICHFIELD ROAD |
This house has a floor area of 185 sq meters or 1,991 sq feet when measured on 26 Nov 2013. Using an estimated price of £356,445 means this house is valued at £1,926 per sq meter (£178 per sq foot).
The average size of a house on BARNS LANE is 87 sq meters (939 sq feet).
This house is the largest in the street with a floor area of 185 sq meters (1,991 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Dean Road | |
Mar 2024 | Anti-social behaviour | On or near Dean Road | |
Mar 2024 | Anti-social behaviour | On or near Dean Road | |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Dean Road |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Dean Road |