£165,916
This estimated value is based upon the latest sale price for the house of £143,500 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £143,500 | 18 Dec 2020 |
| £129,000 | 9 Jan 2018 |
| £93,500 | 6 Oct 2006 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 December 2020 the House Price Index for WEST MIDLANDS was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £143,500 results in an estimated price of approximately £165,916.
| 18 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £143,500 | £22,416 | £165,916 |
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 | -12.340 % | £-17,708 | £125,791 |
| 3 Month Average | -7.140 % | £-10,245 | £133,254 |
| 6 Month Average | 6.528 % | £9,368 | £152,868 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £166,445 | £165,000 | 90B BULL LANE |
| 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 |
| 9 Nov 2023 | £205,209 | £200,000 | 87 HILTON STREET |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 3 Sep 2020. Using an estimated price of £165,916 means this house is valued at £2,676 per sq meter (£248 per sq foot).
The average size of a house on BULL LANE is 90 sq meters (972 sq feet).
This house is the smallest in the street with a floor area of 62 sq meters (667 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Bull Lane |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Bull Lane |
| Oct 2024 | Anti-social behaviour | On or near Bull Lane | |
| Aug 2024 | Anti-social behaviour | On or near Bull Lane | |
| Aug 2024 | Anti-social behaviour | On or near Bull Lane |