£159,360
This estimated value is based upon the latest sale price for the house of £102,500 on 1 Oct 2007. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Bakers Lane
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Price Paid | Date |
---|---|
£102,500 | 1 Oct 2007 |
£89,000 | 30 Sep 2003 |
£42,000 | 6 Oct 1998 |
£44,000 | 20 Feb 1998 |
£38,000 | 26 May 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 516 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 October 2007 the House Price Index for WEST MIDLANDS was 95.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.473%.Applying this 55.473% change to the original purchase price of £102,500 results in an estimated price of approximately £159,360.
1 Oct 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.6 | 148.6 | 55.473 % | £102,500 | £56,860 | £159,360 |
The Postcode Pricing Model uses changes in average sales price within the B73 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 | -6.948 % | £-7,121 | £95,378 |
3 Month Average | 46.048 % | £47,198 | £149,698 |
6 Month Average | 44.188 % | £45,292 | £147,792 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Jul 2022 | £333,899 | £333,000 | 17 DONEGAL ROAD |
15 Jul 2022 | £427,150 | £426,000 | 4 DONEGAL ROAD |
25 Feb 2022 | £390,639 | £372,500 | 54 BAKERS LANE |
26 Jan 2022 | £310,460 | £295,000 | 74 SUTTON OAK ROAD |
15 Nov 2021 | £140,597 | £130,000 | 20 ELMWOOD COURT SUTTON OAK ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 10 Jun 2014. Using an estimated price of £159,360 means this house is valued at £3,320 per sq meter (£308 per sq foot).
The average size of a house on SUTTON OAK ROAD is 93 sq meters (1,008 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Bakers Lane | |
Feb 2024 | Anti-social behaviour | On or near Bakers Lane | |
Dec 2023 | Burglary | Unable to prosecute suspect | On or near Bakers Lane |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sutton Oak Road |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Sutton Oak Road |