£327,241
This estimated value is based upon the latest sale price for the house of £305,000 on 22 Jun 2021. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£305,000 | 22 Jun 2021 |
£175,000 | 29 Oct 2008 |
£175,000 | 29 Oct 2008 |
£175,000 | 29 Oct 2008 |
Terraced |
Freehold |
Floor Area: 91 sq meters or 979 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 June 2021 the House Price Index for WEST MIDLANDS was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £305,000 results in an estimated price of approximately £327,241.
22 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 148.6 | 7.292 % | £305,000 | £22,241 | £327,241 |
The Postcode Pricing Model uses changes in average sales price within the B31 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 | -22.305 % | £-68,030 | £236,969 |
3 Month Average | 7.670 % | £23,393 | £328,393 |
6 Month Average | 0.844 % | £2,573 | £307,573 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £159,000 | £159,000 | FLAT 1 139 HOLE LANE |
14 Jul 2023 | £413,059 | £407,500 | 2 MYTTON ROAD |
22 Feb 2023 | £309,792 | £310,000 | 265 HAY GREEN LANE |
24 Jan 2023 | £360,303 | £362,000 | 376 HAY GREEN LANE |
20 Apr 2022 | £406,771 | £395,000 | 141 HOLE LANE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 14 Jan 2020. Using an estimated price of £327,242 means this house is valued at £3,596 per sq meter (£334 per sq foot).
The average size of a house on HOLE LANE is 102 sq meters (1,103 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windmill Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windmill Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Windmill Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hole Lane |
Mar 2024 | Robbery | Under investigation | On or near Hole Lane |