£176,226
This estimated value is based upon the latest sale price for the house of £142,500 on 12 Apr 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £142,500 | 12 Apr 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 2019 the House Price Index for WEST MIDLANDS was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £142,500 results in an estimated price of approximately £176,226.
| 12 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £142,500 | £33,726 | £176,226 |
The Postcode Pricing Model uses changes in average sales price within the B24 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 | -47.526 % | £-67,723 | £74,776 |
| 3 Month Average | 2.419 % | £3,447 | £145,947 |
| 6 Month Average | 0.298 % | £424 | £142,924 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £78,000 | £78,000 | 33 BRUETON DRIVE |
| 15 Sep 2023 | £189,928 | £187,500 | 7 SPRING LANE |
| 6 Sep 2023 | £204,616 | £202,000 | 407 KINGSBURY ROAD |
| 7 Aug 2023 | £191,677 | £190,000 | 18 SHIPLEY FIELDS |
| 13 Apr 2023 | £212,286 | £210,000 | 15 BRUETON DRIVE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 31 Jan 2019. Using an estimated price of £176,227 means this house is valued at £2,797 per sq meter (£259 per sq foot).
The average size of a house on SPRING LANE is 102 sq meters (1,107 sq feet).
This house is the smallest in the street with a floor area of 63 sq meters (678 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shipley Fields |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shipley Fields |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wilberforce Way |
| Mar 2024 | Anti-social behaviour | On or near Wilberforce Way | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wilberforce Way |