£140,536
This estimated value is based upon the latest sale price for the house of £85,500 on 22 Jul 2008. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £85,500 | 22 Jul 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 July 2008 the House Price Index for WEST MIDLANDS was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.370%.Applying this 64.370% change to the original purchase price of £85,500 results in an estimated price of approximately £140,536.
| 22 Jul 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 148.6 | 64.370 % | £85,500 | £55,036 | £140,536 |
The Postcode Pricing Model uses changes in average sales price within the DY9 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 | 33.533 % | £28,670 | £114,170 |
| 3 Month Average | 31.010 % | £26,513 | £112,013 |
| 6 Month Average | 43.355 % | £37,068 | £122,568 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £171,500 | £170,000 | 7 STOUR VALE ROAD |
| 20 Jan 2023 | £194,086 | £195,000 | 9 STOUR VALE ROAD |
| 12 May 2022 | £1,761,124 | £1,727,940 | E R COLEY (STEELS) LTD JAMES SCOTT ROAD |
| 8 Nov 2021 | £200,080 | £185,000 | 19 STOURVALE ROAD |
| 7 Jul 2021 | £459,706 | £400,000 | WILLIAM FOXALL LTD BALDS LANE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 2 Nov 2015. Using an estimated price of £140,536 means this house is valued at £2,423 per sq meter (£225 per sq foot).
The average size of a house on HAYES LANE is 66 sq meters (712 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stour Vale Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stour Vale Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Stour Vale Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stour Vale Road |
| Dec 2023 | Anti-social behaviour | On or near Stour Vale Road |