£262,865
This estimated value is based upon the latest sale price for the house of £148,000 on 30 Sep 2009. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £148,000 | 30 Sep 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,149 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 September 2009 the House Price Index for WEST MIDLANDS was 83.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 77.612%.Applying this 77.612% change to the original purchase price of £148,000 results in an estimated price of approximately £262,865.
| 30 Sep 2009 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.3 | 148.0 | 77.612 % | £148,000 | £114,865 | £262,865 |
The Postcode Pricing Model uses changes in average sales price within the B71 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 | 4.220 % | £6,244 | £154,244 |
| 3 Month Average | 42.411 % | £62,768 | £210,768 |
| 6 Month Average | 77.596 % | £114,841 | £262,841 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Feb 2023 | £200,054 | £201,000 | 32 HEATH LANE |
| 15 Feb 2023 | £145,313 | £146,000 | 135 HEATH LANE |
| 14 Oct 2022 | £147,803 | £150,000 | 66 ESSEX AVENUE |
| 1 Jul 2022 | £170,769 | £171,000 | 42 ESSEX AVENUE |
| 26 Nov 2021 | £215,429 | £200,000 | 85 HEATH LANE |
This house has a floor area of 106 sq meters or 1,149 sq feet when measured on 23 Jun 2009. Using an estimated price of £262,866 means this house is valued at £2,461 per sq meter (£228 per sq foot).
The average size of a house on HEATH LANE is 97 sq meters (1,048 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norfolk Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Norfolk Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norfolk Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norfolk Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norfolk Avenue |