£246,154
This estimated value is based upon the latest sale price for the house of £233,000 on 23 Feb 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £233,000 | 23 Feb 2022 |
| £145,000 | 8 Aug 2014 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2022 the House Price Index for WEST MIDLANDS was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £233,000 results in an estimated price of approximately £246,154.
| 23 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £233,000 | £13,154 | £246,154 |
The Postcode Pricing Model uses changes in average sales price within the B92 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 | 5.315 % | £12,385 | £245,385 |
| 3 Month Average | 29.398 % | £68,497 | £301,497 |
| 6 Month Average | 9.565 % | £22,286 | £255,286 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £153,381 | £150,000 | 132 FOREDROVE LANE |
| 28 Sep 2023 | £160,198 | £156,667 | 35 MITFORD DRIVE |
| 1 Sep 2023 | £157,471 | £154,000 | 43 FOREDROVE LANE |
| 1 Aug 2023 | £162,939 | £160,000 | 1 MITFORD DRIVE |
| 31 Jan 2023 | £130,298 | £129,950 | 64 FOREDROVE LANE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 29 May 2014. Using an estimated price of £246,155 means this house is valued at £3,282 per sq meter (£304 per sq foot).
The average size of a house on FOREDROVE LANE is 77 sq meters (837 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Foredrove Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Foredrove Lane |
| Sep 2024 | Anti-social behaviour | On or near Foredrove Lane | |
| Sep 2024 | Anti-social behaviour | On or near Foredrove Lane | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foredrove Lane |