£496,041
This estimated value is based upon the latest sale price for the house of £292,500 on 11 Jun 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £292,500 | 11 Jun 2010 |
| £180,000 | 15 Nov 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 116 sq meters or 1,253 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 2010 the House Price Index for WEST MIDLANDS was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.587%.Applying this 69.587% change to the original purchase price of £292,500 results in an estimated price of approximately £496,041.
| 11 Jun 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.587 % | £292,500 | £203,541 | £496,041 |
The Postcode Pricing Model uses changes in average sales price within the B31 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 | 17.459 % | £51,068 | £343,568 |
| 3 Month Average | 80.737 % | £236,155 | £528,655 |
| 6 Month Average | 73.728 % | £215,654 | £508,154 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £159,000 | £159,000 | FLAT 1 139 HOLE LANE |
| 3 Nov 2023 | £304,508 | £300,000 | 174 HOLE LANE |
| 18 Aug 2023 | £15,637 | £15,500 | 22 HOLE FARM ROAD |
| 22 Feb 2023 | £309,792 | £310,000 | 265 HAY GREEN LANE |
| 24 Jan 2023 | £360,303 | £362,000 | 376 HAY GREEN LANE |
This house has a floor area of 116 sq meters or 1,253 sq feet when measured on 21 Apr 2010. Using an estimated price of £496,042 means this house is valued at £4,260 per sq meter (£395 per sq foot).
The average size of a house on HOLE LANE is 102 sq meters (1,103 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hole Lane |
| Mar 2024 | Robbery | Under investigation | On or near Hole Lane |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Hole Lane |
| Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Hole Lane |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hole Lane |