£185,031
This estimated value is based upon the latest sale price for the house of £145,000 on 23 Jun 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £145,000 | 23 Jun 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 2017 the House Price Index for WEST MIDLANDS was 116.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 27.608%.Applying this 27.608% change to the original purchase price of £145,000 results in an estimated price of approximately £185,031.
| 23 Jun 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.0 | 27.608 % | £145,000 | £40,031 | £185,031 |
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 | 219.580 % | £318,391 | £463,391 |
| 3 Month Average | 47.064 % | £68,242 | £213,242 |
| 6 Month Average | 62.648 % | £90,839 | £235,839 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £273,168 | £268,000 | 70 EDWIN PHILLIPS DRIVE |
| 21 Nov 2023 | £222,861 | £220,000 | 20 SCHOFIELD AVENUE |
| 13 Nov 2023 | £270,979 | £267,500 | 30 JAMES WATT STREET |
| 23 Jun 2023 | £254,060 | £252,000 | 14 SCHOFIELD AVENUE |
| 6 Feb 2023 | £230,908 | £232,000 | 38 JAMES WATT STREET |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 21 Jul 2016. Using an estimated price of £185,032 means this house is valued at £1,850 per sq meter (£171 per sq foot).
The average size of a house on WITTON LANE is 77 sq meters (832 sq feet).
This house is the largest in the street with a floor area of 100 sq meters (1,076 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near James Watt Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Witton Lane |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Witton Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Witton Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Witton Lane |