£226,762
This estimated value is based upon the latest sale price for the house of £134,000 on 30 Nov 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £134,000 | 30 Nov 2012 |
| £72,500 | 24 Aug 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2012 the House Price Index for WEST MIDLANDS was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £134,000 results in an estimated price of approximately £226,762.
| 30 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £134,000 | £92,762 | £226,762 |
The Postcode Pricing Model uses changes in average sales price within the B63 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 | -11.285 % | £-15,121 | £118,878 |
| 3 Month Average | 25.601 % | £34,305 | £168,305 |
| 6 Month Average | 33.195 % | £44,480 | £178,480 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £255,026 | £251,250 | 8 WALL WELL LANE |
| 12 Apr 2023 | £151,633 | £150,000 | 64 CAVALIER DRIVE |
| 16 Mar 2023 | £256,416 | £254,000 | 34 INSTONE ROAD |
| 16 Feb 2023 | £416,220 | £416,500 | 39 CAVALIER DRIVE |
| 26 Nov 2021 | £227,118 | £210,000 | 71 HIGHFIELD LANE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 16 Jun 2012. Using an estimated price of £226,762 means this house is valued at £2,765 per sq meter (£256 per sq foot).
The average size of a house on HIGHFIELD LANE is 86 sq meters (928 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Instone Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Instone Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Cavalier Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cavalier Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cross Street |