£112,909
This estimated value is based upon the latest sale price for the house of £35,000 on 1 Nov 2001. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £35,000 | 1 Nov 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 458 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 2001 the House Price Index for WEST MIDLANDS was 46.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 222.599%.Applying this 222.599% change to the original purchase price of £35,000 results in an estimated price of approximately £112,909.
| 1 Nov 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 149.7 | 222.599 % | £35,000 | £77,909 | £112,909 |
The Postcode Pricing Model uses changes in average sales price within the B62 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 | 310.638 % | £108,723 | £143,723 |
| 3 Month Average | 194.816 % | £68,185 | £103,185 |
| 6 Month Average | 222.030 % | £77,710 | £112,710 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £121,872 | £120,000 | 20 NEW ENGLAND |
| 15 Dec 2023 | £98,012 | £95,000 | FLAT 17 MANSION COURT LONG LANE |
| 24 Nov 2023 | £307,814 | £300,000 | 205 LONG LANE |
| 18 Oct 2023 | £229,206 | £224,000 | 150 GREENHILL ROAD |
| 20 Apr 2023 | £81,525 | £80,000 | 121 NEW ENGLAND |
This house has a floor area of 42 sq meters or 458 sq feet when measured on 15 Mar 2010. Using an estimated price of £112,910 means this house is valued at £2,649 per sq meter (£246 per sq foot).
The average size of a house on LONG LANE is 89 sq meters (963 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New England |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near New England |
| May 2024 | Drugs | Investigation complete; no suspect identified | On or near New England |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New England |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New England |