£91,000
This estimated value is based upon the latest sale price for the house of £91,000 on 14 May 2024. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £91,000 | 14 May 2024 |
| £118,000 | 24 Feb 2015 |
| £86,000 | 2 May 2014 |
| £54,000 | 27 Oct 1998 |
| £49,000 | 23 Mar 1998 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 May 2024 the House Price Index for WEST MIDLANDS was 149.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.000%.Applying this 0.000% change to the original purchase price of £91,000 results in an estimated price of approximately £91,000.
| 14 May 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.7 | 149.7 | 0.000 % | £91,000 | £0 | £91,000 |
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 | 52.700 % | £47,956 | £138,956 |
| 3 Month Average | 4.833 % | £4,397 | £95,397 |
| 6 Month Average | 12.812 % | £11,659 | £102,659 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2024 | £360,000 | £360,000 | 20 QUARRY LANE |
| 14 Jun 2024 | £315,000 | £315,000 | 168 BROADWAY AVENUE |
| 14 May 2024 | £91,000 | £91,000 | 8 SCHOOL LANE |
| 26 Sep 2023 | £285,289 | £279,000 | 136 BLAKEDOWN ROAD |
| 30 Jun 2023 | £301,033 | £295,000 | 192 BROADWAY AVENUE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 25 Jul 2012. Using an estimated price of £91,000 means this house is valued at £1,318 per sq meter (£122 per sq foot).
The average size of a house on SCHOOL LANE is 70 sq meters (763 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Quarry Lane |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Quarry Lane |
| Sep 2024 | Vehicle crime | Under investigation | On or near Pershore Road |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Hopwood Close |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Chaddesley Road |