£191,953
This estimated value is based upon the latest sale price for the house of £152,500 on 2 Feb 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £152,500 | 2 Feb 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 February 2018 the House Price Index for WEST MIDLANDS was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £152,500 results in an estimated price of approximately £191,953.
| 2 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £152,500 | £39,453 | £191,953 |
The Postcode Pricing Model uses changes in average sales price within the B67 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 | 28.455 % | £43,394 | £195,894 |
| 3 Month Average | 26.011 % | £39,666 | £192,166 |
| 6 Month Average | 33.910 % | £51,713 | £204,213 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £269,135 | £265,000 | 1 HALL ROAD |
| 11 Oct 2023 | £195,439 | £191,000 | 138 HALES LANE |
| 30 Nov 2022 | £145,320 | £146,000 | 15 GREENFIELD ROAD |
| 1 Apr 2022 | £238,607 | £230,000 | 9 YEW TREE ROAD |
| 2 Jun 2021 | £95,304 | £88,174 | 130 HALES LANE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 16 Nov 2017. Using an estimated price of £191,953 means this house is valued at £2,156 per sq meter (£200 per sq foot).
The average size of a house on HALL ROAD is 102 sq meters (1,104 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other crime | Unable to prosecute suspect | On or near Hales Lane |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hales Lane |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hales Lane |
| Jul 2024 | Other crime | Under investigation | On or near Hales Lane |
| Jul 2024 | Drugs | Investigation complete; no suspect identified | On or near Hales Lane |