£157,656
This estimated value is based upon the latest sale price for the house of £127,000 on 1 Nov 2018. 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 |
|---|---|
| £127,000 | 1 Nov 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 November 2018 the House Price Index for WEST MIDLANDS was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £127,000 results in an estimated price of approximately £157,656.
| 1 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £127,000 | £30,656 | £157,656 |
The Postcode Pricing Model uses changes in average sales price within the B67 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 | -38.178 % | £-48,486 | £78,513 |
| 3 Month Average | 23.907 % | £30,361 | £157,361 |
| 6 Month Average | 15.513 % | £19,701 | £146,701 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2023 | £195,439 | £191,000 | 138 HALES LANE |
| 22 Sep 2023 | £219,846 | £215,000 | 65 MANSION CRESCENT |
| 16 Mar 2023 | £188,142 | £185,000 | 44 HALES CRESCENT |
| 27 May 2022 | £241,286 | £235,000 | 87 MANSION CRESCENT |
| 30 Sep 2021 | £173,691 | £160,000 | 107 HALES LANE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 25 Jun 2018. Using an estimated price of £157,656 means this house is valued at £2,159 per sq meter (£200 per sq foot).
The average size of a house on MANSION CRESCENT is 78 sq meters (845 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Under investigation | On or near Hales Lane |
| Jul 2024 | Drugs | Under investigation | On or near Hales Lane |
| Jul 2024 | Other theft | Under investigation | On or near Hales Lane |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Hales Lane |
| Apr 2024 | Anti-social behaviour | On or near Mansion Crescent |