£165,104
This estimated value is based upon the latest sale price for the house of £133,000 on 16 Nov 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £133,000 | 16 Nov 2018 |
| 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 November 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £133,000 results in an estimated price of approximately £165,104.
| 16 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £133,000 | £32,104 | £165,104 |
The Postcode Pricing Model uses changes in average sales price within the B70 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 | -3.108 % | £-4,133 | £128,866 |
| 3 Month Average | 9.333 % | £12,412 | £145,412 |
| 6 Month Average | 23.400 % | £31,121 | £164,121 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £208,199 | £205,000 | 114 WOOD LANE |
| 25 Mar 2024 | £60,936 | £60,000 | 5 THE COURTYARD |
| 12 Dec 2023 | £82,536 | £80,000 | 15 SKIDMORE DRIVE |
| 22 Nov 2023 | £69,258 | £67,500 | 23 SUTTON CRESCENT |
| 9 Nov 2023 | £205,209 | £200,000 | 87 HILTON STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 2 Jul 2018. Using an estimated price of £165,105 means this house is valued at £2,392 per sq meter (£222 per sq foot).
The average size of a house on WOOD LANE is 78 sq meters (848 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wood Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wood Lane |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wood Lane |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Wood Lane |
| Oct 2024 | Anti-social behaviour | On or near Skidmore Drive |