£190,589
This estimated value is based upon the latest sale price for the house of £107,500 on 30 Oct 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £107,500 | 30 Oct 2009 |
| £59,995 | 16 Feb 2001 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 October 2009 the House Price Index for WEST MIDLANDS was 84.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 77.293%.Applying this 77.293% change to the original purchase price of £107,500 results in an estimated price of approximately £190,589.
| 30 Oct 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.4 | 149.7 | 77.293 % | £107,500 | £83,089 | £190,589 |
The Postcode Pricing Model uses changes in average sales price within the WV10 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 | 56.955 % | £61,227 | £168,727 |
| 3 Month Average | 75.175 % | £80,813 | £188,313 |
| 6 Month Average | 80.174 % | £86,187 | £193,687 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £175,699 | £173,000 | 92A OLD FALLINGS LANE |
| 25 Aug 2023 | £198,582 | £195,000 | 68 EMERSON ROAD |
| 9 Aug 2023 | £169,049 | £166,000 | 64 OLD FALLINGS LANE |
| 9 Jun 2023 | £173,476 | £170,000 | 148 OLD FALLINGS LANE |
| 19 Apr 2023 | £86,620 | £85,000 | 23 PRIMROSE LANE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 20 Aug 2014. Using an estimated price of £190,590 means this house is valued at £2,722 per sq meter (£252 per sq foot).
The average size of a house on OLD FALLINGS LANE is 101 sq meters (1,090 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near St Chad'S Road |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near St Chad'S Road |
| Oct 2024 | Robbery | Under investigation | On or near St Chad'S Road |
| Sep 2024 | Shoplifting | Awaiting court outcome | On or near St Chad'S Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Chad'S Road |