£83,603
This estimated value is based upon the latest sale price for the house of £68,040 on 31 Jan 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £68,040 | 31 Jan 2020 |
| £370,000 | 10 Sep 2019 |
| Freehold |
| Floor Area: 89 sq meters or 957 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 January 2020 the House Price Index for WEST MIDLANDS was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £68,040 results in an estimated price of approximately £83,603.
| 31 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £68,040 | £15,563 | £83,603 |
The Postcode Pricing Model uses changes in average sales price within the B91 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 | -9.598 % | £-6,530 | £61,509 |
| 3 Month Average | 28.342 % | £19,284 | £87,324 |
| 6 Month Average | 7.517 % | £5,114 | £73,154 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £227,000 | £227,000 | 57 FAIRWAY |
| 30 Nov 2023 | £128,245 | £124,990 | 34 LOMAS DRIVE |
| 27 Oct 2023 | £262,973 | £257,000 | 32 FAIRWAY |
| 6 Oct 2023 | £113,887 | £111,300 | 19 LOMAS DRIVE |
| 11 Aug 2023 | £86,561 | £85,000 | 14 LOMAS DRIVE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 14 Aug 2019. Using an estimated price of £83,604 means this house is valued at £939 per sq meter (£87 per sq foot).
The average size of a house on DOVE HOUSE LANE is 148 sq meters (1,596 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairway |
| Jul 2024 | Vehicle crime | Under investigation | On or near Lomas Drive |
| Jul 2024 | Shoplifting | Under investigation | On or near Lomas Drive |
| Jul 2024 | Drugs | Under investigation | On or near Lomas Drive |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Lomas Drive |